Insider Buying: Pearson plc (LON:PSON) Insider Purchases 383 Shares of Stock

Pearson plc (LON:PSON) insider Annette Thomas purchased 383 shares of the company’s stock in a transaction on Friday, June 28th. The stock was acquired at an average price of GBX 985 ($12.50) per share, for a total transaction of £3,772.55 ($4,785.68).

Pearson Price Performance

LON PSON opened at GBX 994 ($12.61) on Monday. The stock’s 50-day moving average price is GBX 968.53 and its two-hundred day moving average price is GBX 977.20. The company has a current ratio of 1.73, a quick ratio of 1.07 and a debt-to-equity ratio of 30.19. The company has a market cap of £6.68 billion, a PE ratio of 1,869.43, a PEG ratio of 0.83 and a beta of 0.32. Pearson plc has a 1 year low of GBX 809.60 ($10.27) and a 1 year high of GBX 1,046.50 ($13.28).

Analysts Set New Price Targets

Several equities research analysts have commented on PSON shares. JPMorgan Chase & Co. boosted their price target on shares of Pearson from GBX 1,200 ($15.22) to GBX 1,220 ($15.48) and gave the stock an “overweight” rating in a research report on Wednesday, March 20th. Shore Capital restated a “buy” rating on shares of Pearson in a report on Friday, April 26th.

Pearson Company Profile

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.