QinetiQ Group plc (LON:QQ) Insider Acquires £149.50 in Stock

QinetiQ Group plc (LON:QQ) insider David Smith bought 46 shares of the firm’s stock in a transaction that occurred on Monday, October 11th. The stock was acquired at an average cost of GBX 325 ($4.25) per share, with a total value of £149.50 ($195.32).

David Smith also recently made the following trade(s):

  • On Thursday, September 9th, David Smith acquired 46 shares of QinetiQ Group stock. The stock was purchased at an average cost of GBX 332 ($4.34) per share, with a total value of £152.72 ($199.53).
  • On Friday, August 27th, David Smith acquired 51 shares of QinetiQ Group stock. The stock was purchased at an average cost of GBX 344 ($4.49) per share, with a total value of £175.44 ($229.21).
  • On Thursday, July 22nd, David Smith sold 114,804 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 331 ($4.32), for a total transaction of £380,001.24 ($496,474.05).

Shares of QinetiQ Group stock opened at GBX 324.80 ($4.24) on Thursday. QinetiQ Group plc has a twelve month low of GBX 234.20 ($3.06) and a twelve month high of GBX 364.40 ($4.76). The company has a quick ratio of 1.13, a current ratio of 1.34 and a debt-to-equity ratio of 3.00. The company has a 50-day simple moving average of GBX 332.12 and a two-hundred day simple moving average of GBX 336.18. The stock has a market capitalization of £1.88 billion and a price-to-earnings ratio of 15.04.

Several brokerages recently commented on QQ. Berenberg Bank reaffirmed a “buy” rating and set a GBX 415 ($5.42) target price on shares of QinetiQ Group in a report on Wednesday, July 21st. JPMorgan Chase & Co. lifted their target price on shares of QinetiQ Group from GBX 370 ($4.83) to GBX 385 ($5.03) and gave the stock a “neutral” rating in a report on Monday, August 16th.

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom and internationally. The company operates through EMEA Services and Global Products segments. It offers advanced materials and manufacturing products; AI, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; maritime platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.

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Insider Buying and Selling by Quarter for QinetiQ Group (LON:QQ)

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