Insider Buying: Mortgage Advice Bureau (LON:MAB1) Insider Buys £15,008.67 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Orlando Machado bought 3,819 shares of Mortgage Advice Bureau stock in a transaction dated Monday, November 2nd. The stock was acquired at an average cost of GBX 393 per share, with a total value of £15,008.67.

Mortgage Advice Bureau Stock Performance

Shares of MAB1 opened at GBX 405 on Friday. The company has a current ratio of 0.60, a quick ratio of 2.21 and a debt-to-equity ratio of 43.59. The company has a market capitalization of £233.34 million, a price-to-earnings ratio of 15.70, a PEG ratio of 0.81 and a beta of 1.06. The stock has a 50 day moving average of GBX 390.34 and a 200 day moving average of GBX 526.68. Mortgage Advice Bureau has a 12 month low of GBX 322 and a 12 month high of GBX 818.

Mortgage Advice Bureau (LON:MAB1) last posted its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 6.30 earnings per share for the quarter. Mortgage Advice Bureau had a return on equity of 16.94% and a net margin of 3.59%. As a group, sell-side analysts forecast that Mortgage Advice Bureau will post 44.74 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 975 price target on shares of Mortgage Advice Bureau in a report on Tuesday, September 22nd. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 975.

About Mortgage Advice Bureau

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.