Insider Buying: J D Wetherspoon plc (LON:JDW) Insider Buys 7,000 Shares of Stock

J D Wetherspoon plc (LON:JDW) insider Ben Whitley purchased 7,000 shares of J D Wetherspoon stock in a transaction dated Wednesday, July 10th. The shares were acquired at an average cost of GBX 761 ($9.75) per share, for a total transaction of £53,270 ($68,233.64).

Ben Whitley also recently made the following trade(s):

• On Tuesday, June 18th, Ben Whitley bought 20 shares of J D Wetherspoon stock. The shares were acquired at an average price of GBX 751 ($9.62) per share, for a total transaction of £150.20 ($192.39).

J D Wetherspoon Stock Performance

Shares of LON:JDW traded down GBX 15.50 ($0.20) during trading on Wednesday, hitting GBX 753 ($9.65). The stock had a trading volume of 213,974 shares, compared to its average volume of 261,195. The company has a quick ratio of 0.19, a current ratio of 0.34 and a debt-to-equity ratio of 317.46. J D Wetherspoon plc has a 12-month low of GBX 587 ($7.52) and a 12-month high of GBX 862.50 ($11.05). The stock has a market capitalization of £930.86 million, a price-to-earnings ratio of 2,401.56, a price-to-earnings-growth ratio of 3.39 and a beta of 1.28. The stock has a 50-day simple moving average of GBX 758.85 and a two-hundred day simple moving average of GBX 776.01.

Analysts Set New Price Targets

JDW has been the subject of several recent analyst reports. Shore Capital reissued a “hold” rating on shares of J D Wetherspoon in a report on Wednesday, May 8th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 172 ($2.20) target price on shares of J D Wetherspoon in a research note on Tuesday, June 11th. Finally, Citigroup restated a “buy” rating and set a GBX 925 ($11.85) price target on shares of J D Wetherspoon in a research note on Tuesday, April 23rd.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.