3i Group (LON:III) Insider Sells £150,741.33 in Stock

3i Group (LON:IIIGet Free Report) insider James Hatchley sold 5,143 shares of the business’s stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of GBX 2,931 ($37.55), for a total value of £150,741.33 ($193,134.31).

James Hatchley also recently made the following trade(s):

  • On Thursday, May 30th, James Hatchley sold 23,027 shares of 3i Group stock. The shares were sold at an average price of GBX 2,903 ($37.19), for a total value of £668,473.81 ($856,468.69).

3i Group Price Performance

Shares of III stock opened at GBX 2,952 ($37.82) on Friday. 3i Group has a 1 year low of GBX 1,837.50 ($23.54) and a 1 year high of GBX 2,995 ($38.37). The company has a current ratio of 1.48, a quick ratio of 0.09 and a debt-to-equity ratio of 6.74. The firm’s 50 day moving average is GBX 2,879.12 and its 200-day moving average is GBX 2,570.84. The firm has a market capitalization of £28.73 billion, a price-to-earnings ratio of 641.74, a PEG ratio of -0.35 and a beta of 1.03.

3i Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 20th will be issued a dividend of GBX 34.50 ($0.44) per share. This is an increase from 3i Group’s previous dividend of $26.50. The ex-dividend date of this dividend is Thursday, June 20th. This represents a yield of 1.16%. 3i Group’s dividend payout ratio is currently 1,217.39%.

Wall Street Analyst Weigh In

Separately, Barclays raised their target price on 3i Group from GBX 2,815 ($36.07) to GBX 3,050 ($39.08) and gave the company an “overweight” rating in a research note on Friday, May 3rd.

Check Out Our Latest Analysis on III

About 3i Group

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3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.

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Insider Buying and Selling by Quarter for 3i Group (LON:III)

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