3i Group (LON:III) Insider Jasi Halai Acquires 5 Shares

3i Group (LON:III) insider Jasi Halai purchased 5 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average price of GBX 3,265 ($42.34) per share, with a total value of £163.25 ($211.71).

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

• On Monday, September 30th, Jasi Halai acquired 4 shares of 3i Group stock. The stock was acquired at an average price of GBX 3,346 ($43.39) per share, for a total transaction of £133.84 ($173.57).
• On Friday, August 30th, Jasi Halai purchased 5 shares of 3i Group stock. The stock was bought at an average cost of GBX 3,173 ($41.15) per share, for a total transaction of £158.65 ($205.75).

3i Group Trading Up 0.9 %

Shares of LON III opened at GBX 3,200 ($41.50) on Friday. The firm’s 50 day moving average price is GBX 3,244.44 and its 200-day moving average price is GBX 3,069.90. 3i Group has a 52-week low of GBX 1,966 ($25.50) and a 52-week high of GBX 3,431.61 ($44.50). The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.23. The company has a market cap of £30.86 billion, a PE ratio of 806.05, a P/E/G ratio of -0.35 and a beta of 1.01.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “buy” rating and set a GBX 3,800 ($49.28) price objective on shares of 3i Group in a research note on Monday, July 15th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 3,148 ($40.82).

About 3i Group

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.