Insider Selling: Investec Group (LON:INVP) Insider Sells £1,122,630.60 in Stock

Investec Group (LON:INVP) insider Stephen Koseff sold 193,557 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of GBX 580 ($7.65), for a total transaction of £1,122,630.60 ($1,480,457.08).

Stephen Koseff also recently made the following trade(s):

• On Friday, August 23rd, Stephen Koseff sold 95,000 shares of Investec Group stock. The shares were sold at an average price of GBX 572 ($7.54), for a total value of £543,400 ($716,602.93).
• On Wednesday, August 21st, Stephen Koseff sold 31,995 shares of Investec Group stock. The shares were sold at an average price of GBX 591 ($7.79), for a total value of £189,090.45 ($249,361.00).
• On Monday, August 5th, Stephen Koseff sold 5,823 shares of Investec Group stock. The stock was sold at an average price of £135.25 ($178.36), for a total value of £787,560.75 ($1,038,587.30).

Investec Group Trading Up 1.4 %

Shares of Investec Group stock opened at GBX 579.50 ($7.64) on Friday. The firm has a market cap of £3.74 billion, a P/E ratio of 852.21, a P/E/G ratio of 0.67 and a beta of 1.09. Investec Group has a 12 month low of GBX 429.60 ($5.67) and a 12 month high of GBX 620.50 ($8.18). The stock’s fifty day moving average price is GBX 585.59 and its 200-day moving average price is GBX 545.12.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their target price on Investec Group from GBX 540 ($7.12) to GBX 660 ($8.70) and gave the stock a “buy” rating in a research note on Friday, June 28th.

About Investec Group

Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.