Mortgage Advice Bureau (LON:MAB1) Insider Acquires £1,914.18 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Nathan James McLean Imlach acquired 366 shares of Mortgage Advice Bureau stock in a transaction dated Friday, July 31st. The shares were purchased at an average price of GBX 523 per share, for a total transaction of £1,914.18.

Nathan James McLean Imlach also recently made the following trade(s):

• On Tuesday, June 30th, Nathan James McLean Imlach acquired 369 shares of Mortgage Advice Bureau stock. The shares were purchased at an average cost of GBX 520 per share, for a total transaction of £1,918.80.
• On Friday, May 29th, Nathan James McLean Imlach bought 355 shares of Mortgage Advice Bureau stock. The stock was purchased at an average price of GBX 539 per share, with a total value of £1,913.45.

Mortgage Advice Bureau Stock Down 0.6%

Shares of MAB1 opened at GBX 520.84 on Monday. Mortgage Advice Bureau has a 1 year low of GBX 495 and a 1 year high of GBX 838. The company has a debt-to-equity ratio of 24.62, a current ratio of 0.71 and a quick ratio of 2.21. The stock has a 50 day simple moving average of GBX 530.80 and a two-hundred day simple moving average of GBX 582.26. The firm has a market cap of £300.08 million, a P/E ratio of 20.19, a P/E/G ratio of 0.81 and a beta of 1.04.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 price target on shares of Mortgage Advice Bureau in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,150.

About Mortgage Advice Bureau

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.