Insider Buying: BP plc (LON:BP) Insider Acquires 58 Shares of Stock

BP plc (LON:BP) insider Brian Gilvary purchased 58 shares of the business’s stock in a transaction dated Monday, June 10th. The shares were acquired at an average price of GBX 552 ($7.21) per share, for a total transaction of £320.16 ($418.35).

Brian Gilvary also recently made the following trade(s):

  • On Friday, May 10th, Brian Gilvary bought 58 shares of BP stock. The stock was purchased at an average price of GBX 526 ($6.87) per share, for a total transaction of £305.08 ($398.64).

LON BP traded up GBX 1.50 ($0.02) during midday trading on Tuesday, hitting GBX 557 ($7.28). The company had a trading volume of 18,996,939 shares, compared to its average volume of 35,510,000. The company has a debt-to-equity ratio of 87.27, a current ratio of 1.02 and a quick ratio of 0.66. The firm has a market capitalization of $112.42 billion and a price-to-earnings ratio of 11.41. BP plc has a fifty-two week low of GBX 481.35 ($6.29) and a fifty-two week high of GBX 603.20 ($7.88).

The business also recently declared a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 9th will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a yield of 1.43%. BP’s dividend payout ratio is 0.66%.

Several brokerages recently commented on BP. Jefferies Financial Group reiterated a “hold” rating on shares of BP in a report on Friday, May 24th. HSBC set a GBX 650 ($8.49) target price on shares of BP and gave the stock a “buy” rating in a report on Thursday, May 23rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 620 ($8.10) target price on shares of BP in a report on Thursday, May 16th. Societe Generale dropped their target price on shares of BP from GBX 650 ($8.49) to GBX 635 ($8.30) and set a “buy” rating on the stock in a report on Thursday, May 2nd. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 640 ($8.36) target price on shares of BP in a report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. BP has a consensus rating of “Buy” and an average price target of GBX 650.88 ($8.50).

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BP Company Profile

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

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Insider Buying and Selling by Quarter for BP (LON:BP)

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