Mike Wells Acquires 11 Shares of Prudential plc (PRU) Stock

Prudential plc (LON:PRU) insider Mike Wells purchased 11 shares of Prudential stock in a transaction dated Wednesday, May 8th. The shares were bought at an average price of GBX 1,645 ($21.49) per share, for a total transaction of £180.95 ($236.44).

Mike Wells also recently made the following trade(s):

  • On Monday, April 1st, Mike Wells sold 149,122 shares of Prudential stock. The stock was sold at an average price of GBX 1,561 ($20.40), for a total value of £2,327,794.42 ($3,041,675.71).
  • On Friday, March 8th, Mike Wells purchased 11 shares of Prudential stock. The shares were bought at an average price of GBX 1,520 ($19.86) per share, for a total transaction of £167.20 ($218.48).
  • On Friday, February 8th, Mike Wells purchased 13 shares of Prudential stock. The shares were bought at an average price of GBX 1,518 ($19.84) per share, for a total transaction of £197.34 ($257.86).

The stock has a market cap of $42.94 billion and a PE ratio of 14.20. Prudential plc has a fifty-two week low of GBX 1,325 ($17.31) and a fifty-two week high of GBX 1,962 ($25.64). The company has a debt-to-equity ratio of 113.46, a current ratio of 1.17 and a quick ratio of 0.14.



The business also recently disclosed a dividend, which will be paid on Friday, May 17th. Investors of record on Thursday, March 28th will be issued a GBX 33.68 ($0.44) dividend. This is a positive change from Prudential’s previous dividend of $15.67. This represents a yield of 2.18%. The ex-dividend date of this dividend is Thursday, March 28th. Prudential’s payout ratio is 0.42%.

PRU has been the topic of several analyst reports. Shore Capital reiterated an “under review” rating on shares of Prudential in a report on Thursday, January 10th. Royal Bank of Canada reiterated a “sector performer” rating on shares of Prudential in a report on Thursday, March 21st. UBS Group reiterated a “buy” rating and set a GBX 2,000 ($26.13) price target on shares of Prudential in a report on Friday, April 5th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,558 ($20.36) price target on shares of Prudential in a report on Monday, April 8th. Finally, Barclays set a GBX 2,019 ($26.38) price target on Prudential and gave the stock a “buy” rating in a report on Thursday, April 4th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 2,073.83 ($27.10).

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Prudential Company Profile

Prudential plc, through its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business; mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

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Insider Buying and Selling by Quarter for Prudential (LON:PRU)

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