Lorna Tilbian Acquires 3,600 Shares of Rightmove (LON:RMV) Stock

Rightmove plc (LON:RMV) insider Lorna Tilbian bought 3,600 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average price of GBX 403 per share, with a total value of £14,508.

Rightmove Stock Down 2.5%

Shares of LON:RMV opened at GBX 432.80 on Tuesday. Rightmove plc has a 52-week low of GBX 391.40 and a 52-week high of GBX 827. The firm has a fifty day moving average of GBX 431.23 and a 200 day moving average of GBX 477.55. The firm has a market capitalization of £3.25 billion, a PE ratio of 15.46, a price-to-earnings-growth ratio of 2.58 and a beta of 0.88. The company has a debt-to-equity ratio of 13.13, a quick ratio of 2.55 and a current ratio of 1.89.

Rightmove (LON:RMV) last announced its earnings results on Friday, February 27th. The company reported GBX 29.10 earnings per share (EPS) for the quarter. Rightmove had a net margin of 51.06% and a return on equity of 264.68%. As a group, research analysts anticipate that Rightmove plc will post 30.2327791 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on RMV shares. JPMorgan Chase & Co. lowered their price target on shares of Rightmove from GBX 521 to GBX 489 and set an “underweight” rating for the company in a research note on Thursday, March 19th. Citigroup lowered their price target on shares of Rightmove from GBX 520 to GBX 455 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, UBS Group reissued a “neutral” rating and issued a GBX 481 price target on shares of Rightmove in a research note on Tuesday, May 5th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 643.75.

About Rightmove

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The segment also offers tenant references and rent guarantee insurance services to landlords. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.