Shares of Vistry Group PLC (LON:VTY – Get Free Report) dropped 16.1% on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). Approximately 4,971,120 shares changed hands during trading, an increase of 148% from the average daily volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. lowered their price target on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.
View Our Latest Stock Report on Vistry Group
Vistry Group Price Performance
Insider Activity
In related news, insider Helen Owers acquired 4,000 shares of the company’s stock in a transaction on Monday, October 14th. The stock was purchased at an average cost of GBX 944 ($11.83) per share, for a total transaction of £37,760 ($47,336.09). Also, insider Greg Fitzgerald acquired 20,498 shares of the business’s stock in a transaction on Tuesday, October 8th. The shares were bought at an average cost of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). In the last three months, insiders have acquired 1,324,543 shares of company stock worth $1,136,907,044. Corporate insiders own 0.64% of the company’s stock.
Vistry Group Company Profile
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers o single family housing model. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020. Vistry Group PLC was founded in 1885 and is headquartered in West Malling, the United Kingdom.
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