Insider Buying: NCC Group (LON:NCC) Insider Buys £164.78 in Stock

NCC Group plc (LON:NCC) insider Mike Maddison acquired 107 shares of the stock in a transaction dated Monday, October 19th. The stock was acquired at an average price of GBX 154 per share, with a total value of £164.78.

Mike Maddison also recently made the following trade(s):

• On Thursday, September 17th, Mike Maddison acquired 125 shares of NCC Group stock. The stock was acquired at an average cost of GBX 132 per share, with a total value of £165.
• On Monday, August 17th, Mike Maddison bought 116 shares of NCC Group stock. The shares were acquired at an average cost of GBX 141 per share, for a total transaction of £163.56.

NCC Group Price Performance

Shares of LON:NCC opened at GBX 157 on Friday. The stock has a market cap of £243.00 million, a PE ratio of 52.33 and a beta of 0.66. The company’s fifty day moving average is GBX 142.52 and its 200 day moving average is GBX 137.10. NCC Group plc has a 52 week low of GBX 107.20 and a 52 week high of GBX 161.60. The company has a quick ratio of 0.97, a current ratio of 1.90 and a debt-to-equity ratio of 34.83.

NCC Group announced that its board has authorized a stock repurchase program on Monday, September 7th that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Share repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 150 price objective on shares of NCC Group in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 150.

About NCC Group

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business.

Driven by a collective purpose to create a more secure digital future, c. 2,000 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.