NCC Group (LON:NCC) Insider Buys 107 Shares of Stock

NCC Group plc (LON:NCC) insider Mike Maddison purchased 107 shares of the firm’s stock in a transaction on Monday, October 19th. The stock was bought at an average price of GBX 154 per share, with a total value of £164.78.

Mike Maddison also recently made the following trade(s):

• On Thursday, September 17th, Mike Maddison purchased 125 shares of NCC Group stock. The shares were bought at an average cost of GBX 132 per share, for a total transaction of £165.
• On Monday, August 17th, Mike Maddison acquired 116 shares of NCC Group stock. The shares were bought at an average price of GBX 141 per share, for a total transaction of £163.56.

NCC Group Stock Up 0.4%

Shares of NCC Group stock traded up GBX 0.60 on Tuesday, reaching GBX 155.20. 584,142 shares of the company were exchanged, compared to its average volume of 3,992,837. The company has a market capitalization of £240.22 million, a price-to-earnings ratio of 51.73 and a beta of 0.66. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 34.83. NCC Group plc has a one year low of GBX 107.20 and a one year high of GBX 161.60. The company has a 50-day moving average of GBX 141.66 and a 200 day moving average of GBX 136.31.

NCC Group declared that its Board of Directors has authorized a share buyback program on Monday, September 7th that permits the company to buy back 0 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 150 price target on shares of NCC Group in a research report on Friday, June 26th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 162.50.

NCC Group Company Profile

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business.

Driven by a collective purpose to create a more secure digital future, c. 2,000 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.