Vertu Motors (LON:VTU) Insider Karen Anderson Sells 524,839 Shares

Vertu Motors plc (LON:VTU) insider Karen Anderson sold 524,839 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total value of £341,145.35.

Vertu Motors Stock Down 1.0%

Shares of Vertu Motors stock opened at GBX 63.83 on Thursday. Vertu Motors plc has a 1 year low of GBX 55 and a 1 year high of GBX 67. The company has a market cap of £196.92 million, a P/E ratio of 13.38 and a beta of 0.76. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 66.13. The stock has a 50-day moving average price of GBX 61.14 and a 200 day moving average price of GBX 62.29.

Vertu Motors (LON:VTU) last released its earnings results on Wednesday, May 13th. The company reported GBX 4.62 earnings per share for the quarter. The company had revenue of GBX 483.38 billion for the quarter. Vertu Motors had a return on equity of 4.55% and a net margin of 0.34%. As a group, analysts expect that Vertu Motors plc will post 8.9391576 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VTU has been the topic of several research reports. Stifel Nicolaus dropped their price objective on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Shore Capital Group reissued a “house stock” rating on shares of Vertu Motors in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 76.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.