Stuart Thomson Gulliver Sells 138,143 Shares of HSBC Holdings plc (HSBA) Stock

HSBC Holdings plc (LON:HSBA) insider Stuart Thomson Gulliver sold 138,143 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of GBX 732 ($9.45), for a total transaction of £1,011,206.76 ($1,305,962.50).

HSBC Holdings plc (LON HSBA) opened at 708.00 on Friday. The stock’s market cap is GBX 143.51 billion. HSBC Holdings plc has a 1-year low of GBX 518.17 and a 1-year high of GBX 772.00. The company has a 50-day moving average of GBX 744.34 and a 200 day moving average of GBX 694.45.

The business also recently announced a dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Thursday, August 3rd will be given a $0.10 dividend. The ex-dividend date is Thursday, August 3rd. This represents a yield of 1.02%.

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HSBA has been the subject of a number of research reports. Morgan Stanley upgraded shares of HSBC Holdings plc to an “overweight” rating and upped their target price for the stock from GBX 745 ($9.62) to GBX 850 ($10.98) in a research report on Thursday, June 29th. Goldman Sachs Group, Inc. (The) set a GBX 740 ($9.56) target price on shares of HSBC Holdings plc and gave the stock a “neutral” rating in a research report on Friday, June 16th. Credit Suisse Group restated a “neutral” rating and set a GBX 630 ($8.14) target price on shares of HSBC Holdings plc in a research report on Friday, June 30th. UBS AG set a GBX 725 ($9.36) target price on shares of HSBC Holdings plc and gave the stock a “neutral” rating in a research report on Friday, August 18th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 690 ($8.91) price objective on shares of HSBC Holdings plc in a research report on Tuesday, August 1st. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 702.90 ($9.08).

About HSBC Holdings plc

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Insider Buying and Selling by Quarter for HSBC Holdings plc (LON:HSBA)

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