Insider Buying: Big Yellow Group (LON:BYG) Insider Buys £198,961.92 in Stock

Big Yellow Group Plc (LON:BYG) insider Nicholas Vetch acquired 21,816 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of GBX 912 per share, for a total transaction of £198,961.92.

Nicholas Vetch also recently made the following trade(s):

• On Monday, March 23rd, Nicholas Vetch bought 32,915 shares of Big Yellow Group stock. The stock was bought at an average price of GBX 846 per share, with a total value of £278,460.90.
• On Thursday, March 19th, Nicholas Vetch sold 54,731 shares of Big Yellow Group stock. The shares were sold at an average price of GBX 913, for a total value of £499,694.03.

Big Yellow Group Stock Up 1.3%

Shares of Big Yellow Group stock opened at GBX 878 on Thursday. The company has a current ratio of 0.26, a quick ratio of 0.29 and a debt-to-equity ratio of 17.84. The business’s 50 day simple moving average is GBX 1,002.58 and its 200-day simple moving average is GBX 1,030.93. The stock has a market capitalization of £1.72 billion, a price-to-earnings ratio of 13.26, a PEG ratio of 2.40 and a beta of 0.88. Big Yellow Group Plc has a twelve month low of GBX 829 and a twelve month high of GBX 1,208.

Analysts Set New Price Targets

Several brokerages have weighed in on BYG. Jefferies Financial Group raised Big Yellow Group to a “buy” rating and increased their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Berenberg Bank reissued a “buy” rating and set a GBX 1,383 price target on shares of Big Yellow Group in a report on Tuesday, January 20th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 1,300.60.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.