Insider Buying: Mortgage Advice Bureau (LON:MAB1) Insider Buys £1,918.80 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Nathan James McLean Imlach purchased 369 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average price of GBX 520 per share, with a total value of £1,918.80.

Nathan James McLean Imlach also recently made the following trade(s):

• On Friday, May 29th, Nathan James McLean Imlach acquired 355 shares of Mortgage Advice Bureau stock. The stock was acquired at an average price of GBX 539 per share, for a total transaction of £1,913.45.
• On Thursday, April 30th, Nathan James McLean Imlach acquired 366 shares of Mortgage Advice Bureau stock. The stock was acquired at an average price of GBX 523 per share, with a total value of £1,914.18.
• On Wednesday, April 15th, Nathan James McLean Imlach bought 352 shares of Mortgage Advice Bureau stock. The shares were acquired at an average cost of GBX 576 per share, with a total value of £2,027.52.

Mortgage Advice Bureau Price Performance

MAB1 stock opened at GBX 535 on Thursday. Mortgage Advice Bureau has a 52-week low of GBX 495 and a 52-week high of GBX 924. The company has a quick ratio of 2.21, a current ratio of 0.71 and a debt-to-equity ratio of 24.62. The stock has a market cap of £307.86 million, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 0.81 and a beta of 1.03. The business has a fifty day moving average of GBX 530.19 and a two-hundred day moving average of GBX 605.25.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,150 target price on shares of Mortgage Advice Bureau in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 1,150.

Mortgage Advice Bureau Company Profile

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.