Moonpig Group (LON:MOON) Stock: Insider Andy MacKinnon Sells 173,645 Shares

Moonpig Group PLC (LON:MOON) insider Andy MacKinnon sold 173,645 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of GBX 272, for a total transaction of £472,314.40.

Moonpig Group Stock Up 0.7%

Shares of MOON opened at GBX 270.40 on Wednesday. The company has a market capitalization of £791.69 million, a P/E ratio of 17.33 and a beta of 0.97. Moonpig Group PLC has a one year low of GBX 193.40 and a one year high of GBX 293. The business’s 50 day simple moving average is GBX 274.28 and its 200-day simple moving average is GBX 242.60. The company has a debt-to-equity ratio of -216.13, a current ratio of 0.21 and a quick ratio of 0.46.

Analysts Set New Price Targets

MOON has been the subject of a number of research reports. Canaccord Genuity Group lowered their target price on Moonpig Group from GBX 310 to GBX 300 and set a “buy” rating for the company in a research note on Friday, June 26th. Berenberg Bank reiterated a “buy” rating and set a GBX 300 price target on shares of Moonpig Group in a research report on Wednesday, September 16th. Jefferies Financial Group reissued a “buy” rating and set a GBX 315 price objective on shares of Moonpig Group in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 235 price objective on shares of Moonpig Group in a research report on Friday, June 26th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 289.17.

About Moonpig Group

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences. The Moonpig brand also operates in Ireland, Australia and the United States.

The Group’s leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.