Martin Brand Buys 19,484 Shares of London Stock Exchange Group plc (LON:LSEG) Stock

Posted by on May 25th, 2023

London Stock Exchange Group plc (LON:LSEG – Get Rating) insider Martin Brand bought 19,484 shares of London Stock Exchange Group stock in a transaction dated Wednesday, May 24th. The shares were bought at an average cost of GBX 8,301 ($103.25) per share, for a total transaction of £1,617,366.84 ($2,011,650.30).

Martin Brand also recently made the following trade(s):

  • On Monday, May 22nd, Martin Brand bought 5,690 shares of London Stock Exchange Group stock. The shares were bought at an average cost of GBX 8,440 ($104.98) per share, for a total transaction of £480,236 ($597,308.46).
  • On Friday, May 19th, Martin Brand acquired 8,623 shares of London Stock Exchange Group stock. The shares were acquired at an average cost of GBX 8,390 ($104.35) per share, for a total transaction of £723,469.70 ($899,837.94).
  • On Wednesday, May 17th, Martin Brand sold 21,813 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 8,180 ($101.74), for a total transaction of £1,784,303.40 ($2,219,282.84).
  • On Monday, May 15th, Martin Brand sold 11,064 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 8,489 ($105.58), for a total transaction of £939,222.96 ($1,168,187.76).
  • On Thursday, May 11th, Martin Brand acquired 5,420 shares of London Stock Exchange Group stock. The shares were acquired at an average cost of GBX 8,518 ($105.95) per share, for a total transaction of £461,675.60 ($574,223.38).
  • On Tuesday, May 9th, Martin Brand acquired 9,015 shares of London Stock Exchange Group stock. The shares were acquired at an average cost of GBX 8,363 ($104.02) per share, for a total transaction of £753,924.45 ($937,716.98).
  • On Thursday, May 4th, Martin Brand acquired 5,766 shares of London Stock Exchange Group stock. The shares were acquired at an average cost of GBX 8,333 ($103.64) per share, for a total transaction of £480,480.78 ($597,612.91).
  • On Tuesday, May 2nd, Martin Brand acquired 4,026 shares of London Stock Exchange Group stock. The shares were acquired at an average cost of GBX 8,328 ($103.58) per share, for a total transaction of £335,285.28 ($417,021.49).
  • On Friday, April 28th, Martin Brand bought 3,257 shares of London Stock Exchange Group stock. The stock was purchased at an average price of GBX 8,169 ($101.60) per share, with a total value of £266,064.33 ($330,925.78).
  • On Wednesday, April 26th, Martin Brand bought 13,585 shares of London Stock Exchange Group stock. The stock was purchased at an average price of GBX 8,002 ($99.53) per share, with a total value of £1,087,071.70 ($1,352,079.23).

London Stock Exchange Group Trading Down 0.5 %

LON:LSEG opened at GBX 8,264 ($102.79) on Thursday. London Stock Exchange Group plc has a 12 month low of GBX 6,710 ($83.46) and a 12 month high of GBX 8,612 ($107.11). The firm has a fifty day simple moving average of GBX 8,061.72 and a 200-day simple moving average of GBX 7,738.94. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 31.34. The company has a market capitalization of £41.43 billion, a P/E ratio of 5,930.00, a PEG ratio of 2.58 and a beta of 0.37.

London Stock Exchange Group Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 24th. Investors of record on Thursday, April 20th were given a dividend of GBX 75.30 ($0.94) per share. The ex-dividend date of this dividend was Thursday, April 20th. This is an increase from London Stock Exchange Group’s previous dividend of $31.70. This represents a yield of 1.01%. London Stock Exchange Group’s payout ratio is currently 7,642.86%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LSEG. JPMorgan Chase & Co. lowered their target price on shares of London Stock Exchange Group from £103 ($128.11) to GBX 9,900 ($123.13) and set an “overweight” rating for the company in a research note on Thursday, April 20th. Bank of America restated a “buy” rating and issued a GBX 9,550 ($118.78) target price on shares of London Stock Exchange Group in a research note on Thursday, April 13th. Jefferies Financial Group restated a “buy” rating on shares of London Stock Exchange Group in a research note on Wednesday, March 22nd. Royal Bank of Canada lowered their target price on shares of London Stock Exchange Group from £105 ($130.60) to £102 ($126.87) and set an “outperform” rating for the company in a research note on Wednesday, February 1st. Finally, Barclays reiterated a “buy” rating and set a £100 ($124.38) price objective on shares of London Stock Exchange Group in a research note on Friday, April 28th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 9,558.33 ($118.88).

London Stock Exchange Group Company Profile

(Get Rating)

London Stock Exchange Group plc engages in the market infrastructure business primarily in the United Kingdom, the United States, other European countries, Asia, and internationally. The company operates through three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-trading, and foreign exchange markets, including London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall, and Tradeweb.

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Insider Buying and Selling by Quarter for London Stock Exchange Group (LON:LSEG)

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