Insider Selling: TP ICAP Group PLC (LON:TCAP) Insider Sells £134,536.93 in Stock

Posted by Joseph Casey on Apr 6th, 2025

TP ICAP Group PLC (LON:TCAP – Get Free Report) insider Nicolas Breteau sold 52,349 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 257 ($3.31), for a total value of £134,536.93 ($173,484.11).

TP ICAP Group Stock Performance

LON TCAP opened at GBX 234 ($3.02) on Friday. TP ICAP Group PLC has a 1 year low of GBX 192 ($2.48) and a 1 year high of GBX 281 ($3.62). The business’s fifty day moving average is GBX 264.34 and its two-hundred day moving average is GBX 254.96. The stock has a market capitalization of £1.76 billion, a P/E ratio of 18.17, a P/E/G ratio of 0.49 and a beta of 0.65.

TP ICAP Group (LON:TCAP – Get Free Report) last issued its earnings results on Wednesday, March 12th. The company reported GBX 31.80 ($0.41) earnings per share (EPS) for the quarter. TP ICAP Group had a return on equity of 4.82% and a net margin of 4.54%. On average, research analysts forecast that TP ICAP Group PLC will post 31.0273973 earnings per share for the current year.

TP ICAP Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 10th will be issued a dividend of GBX 11.30 ($0.15) per share. This represents a yield of 4.28%. The ex-dividend date is Thursday, April 10th. This is an increase from TP ICAP Group’s previous dividend of $4.80. TP ICAP Group’s payout ratio is presently 116.48%.

TP ICAP Group declared that its Board of Directors has approved a stock repurchase program on Tuesday, March 11th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.