3i Group (LON:III) Insider Jasi Halai Purchases 4 Shares

3i Group (LON:III) insider Jasi Halai purchased 4 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were acquired at an average price of GBX 3,346 ($44.76) per share, for a total transaction of £133.84 ($179.03).

Jasi Halai also recently made the following trade(s):

• On Friday, August 30th, Jasi Halai bought 5 shares of 3i Group stock. The shares were acquired at an average price of GBX 3,173 ($42.44) per share, with a total value of £158.65 ($212.21).

3i Group Stock Performance

Shares of LON:III opened at GBX 3,229.50 ($43.20) on Tuesday. 3i Group has a 1 year low of GBX 1,925 ($25.75) and a 1 year high of GBX 3,405 ($45.55). The company’s 50 day simple moving average is GBX 3,134.94 and its 200 day simple moving average is GBX 2,978.58. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.23 and a quick ratio of 0.09. The stock has a market capitalization of £31.14 billion, a price-to-earnings ratio of 830.48, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on III. Morgan Stanley lowered 3i Group to an “equal weight” rating and decreased their target price for the stock from GBX 3,246 ($43.42) to GBX 3,192 ($42.70) in a research report on Wednesday, July 3rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a research note on Friday, June 28th. Finally, Citigroup reissued a “buy” rating and set a GBX 3,800 ($50.83) price target on shares of 3i Group in a research report on Monday, July 15th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 3,148 ($42.11).

3i Group Company Profile

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.