Phoenix Group Holdings plc (LON:PHNX) Insider Acquires £149.06 in Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs purchased 29 shares of Phoenix Group stock in a transaction that occurred on Monday, January 6th. The shares were bought at an average price of GBX 514 ($6.43) per share, with a total value of £149.06 ($186.49).

Andrew Briggs also recently made the following trade(s):

• On Tuesday, November 5th, Andrew Briggs bought 31 shares of Phoenix Group stock. The shares were bought at an average cost of GBX 498 ($6.23) per share, with a total value of £154.38 ($193.14).

Phoenix Group Price Performance

LON PHNX traded down GBX 8.50 ($0.11) during trading hours on Tuesday, hitting GBX 508.50 ($6.36). The company had a trading volume of 1,388,044 shares, compared to its average volume of 1,915,537. The firm has a 50 day simple moving average of GBX 505.93 and a 200 day simple moving average of GBX 528.29. Phoenix Group Holdings plc has a 52 week low of GBX 475 ($5.94) and a 52 week high of GBX 581.22 ($7.27). The firm has a market capitalization of £5.09 billion, a price-to-earnings ratio of -959.43, a PEG ratio of 1.95 and a beta of 0.73. The company has a debt-to-equity ratio of 132.01, a quick ratio of 0.12 and a current ratio of 0.19.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PHNX. The Goldman Sachs Group reissued a “sell” rating on shares of Phoenix Group in a research report on Wednesday, September 18th. JPMorgan Chase & Co. upped their price objective on shares of Phoenix Group from GBX 505 ($6.32) to GBX 510 ($6.38) and gave the company an “underweight” rating in a report on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 13 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.