Insider Buying: JD Sports Fashion Plc (LON:JD) Insider Purchases 109,933 Shares of Stock

JD Sports Fashion Plc (LON:JD) insider Regis Schultz purchased 109,933 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were acquired at an average cost of GBX 90 ($1.10) per share, with a total value of £98,939.70 ($120,790.75).

JD Sports Fashion Stock Performance

Shares of JD stock traded down GBX 0.34 ($0.00) during mid-day trading on Wednesday, reaching GBX 96.30 ($1.18). 11,609,471 shares of the company were exchanged, compared to its average volume of 393,791. The company has a market capitalization of £4.99 billion, a P/E ratio of 963.00, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a fifty day moving average price of GBX 103.46 and a 200 day moving average price of GBX 121.78. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23.

JD Sports Fashion Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, November 7th were given a GBX 0.33 ($0.00) dividend. This represents a dividend yield of 0.25%. The ex-dividend date was Thursday, November 7th. JD Sports Fashion’s payout ratio is currently 1,000.00%.

Analyst Ratings Changes

A number of research analysts have commented on JD shares. Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a research note on Tuesday. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 110 ($1.34) price target on shares of JD Sports Fashion in a report on Friday, November 22nd. Finally, JPMorgan Chase & Co. lowered shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.28) price objective on the stock. in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 446 ($5.45).

About JD Sports Fashion

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.