Jupiter Fund Management (LON:JUP) Insider Sells £37,071.54 in Stock

Jupiter Fund Management Plc (LON:JUPGet Free Report) insider Matthew Beesley sold 23,463 shares of Jupiter Fund Management stock in a transaction on Monday, April 13th. The stock was sold at an average price of GBX 158, for a total transaction of £37,071.54.

Matthew Beesley also recently made the following trade(s):

  • On Monday, March 2nd, Matthew Beesley sold 308,933 shares of Jupiter Fund Management stock. The shares were sold at an average price of GBX 188, for a total value of £580,794.04.

Jupiter Fund Management Stock Performance

Shares of LON JUP opened at GBX 151.19 on Friday. Jupiter Fund Management Plc has a 1 year low of GBX 67.90 and a 1 year high of GBX 214.50. The firm has a market cap of £758.94 million, a price-to-earnings ratio of 8.45 and a beta of 1.37. The stock’s 50-day simple moving average is GBX 177.01 and its 200-day simple moving average is GBX 164.64.

Jupiter Fund Management (LON:JUPGet Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX 19.40 EPS for the quarter. Jupiter Fund Management had a return on equity of 11.49% and a net margin of 21.19%. As a group, research analysts predict that Jupiter Fund Management Plc will post 8.5093781 EPS for the current year.

Jupiter Fund Management declared that its Board of Directors has authorized a stock buyback program on Wednesday, April 8th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on Jupiter Fund Management from GBX 165 to GBX 175 and gave the company a “hold” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 150.33.

Check Out Our Latest Analysis on Jupiter Fund Management

Jupiter Fund Management Company Profile

(Get Free Report)

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.

Further Reading

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