Pearson plc (LON:PSON) Insider Sally Johnson Sells 65,220 Shares of Stock

Posted by Defense World Staff on May 5th, 2023

Pearson plc (LON:PSON – Get Rating) insider Sally Johnson sold 65,220 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of GBX 762 ($9.52), for a total transaction of £496,976.40 ($620,910.04).

Pearson Stock Performance

Pearson stock opened at GBX 815.80 ($10.19) on Friday. The company has a current ratio of 1.90, a quick ratio of 1.07 and a debt-to-equity ratio of 29.33. Pearson plc has a 1 year low of GBX 722.60 ($9.03) and a 1 year high of GBX 1,006.29 ($12.57). The company has a market cap of £5.84 billion, a PE ratio of 2,472.12, a PEG ratio of 0.83 and a beta of 0.25. The company’s 50-day moving average is GBX 849.25 and its two-hundred day moving average is GBX 905.70.

Pearson Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 5th. Shareholders of record on Thursday, March 23rd will be given a dividend of GBX 14.90 ($0.19) per share. The ex-dividend date of this dividend is Thursday, March 23rd. This is an increase from Pearson’s previous dividend of $6.60. This represents a yield of 1.62%. Pearson’s dividend payout ratio is presently 6,363.64%.

Analyst Upgrades and Downgrades

PSON has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,140 ($14.24) target price on shares of Pearson in a report on Wednesday. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,230 ($15.37) target price on shares of Pearson in a report on Thursday, March 9th. Finally, Citigroup reaffirmed a “buy” rating on shares of Pearson in a report on Wednesday, March 1st. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,015 ($12.68).

Pearson Company Profile

(Get Rating)

Pearson plc provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. It operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.