Insider Buying: Diageo plc (DGE) Insider Buys 35,000 Shares of Stock

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Diageo plc (LON:DGE) insider Javier Ferrán purchased 35,000 shares of the stock in a transaction that occurred on Wednesday, December 19th. The stock was bought at an average cost of GBX 2,794 ($36.51) per share, with a total value of £977,900 ($1,277,799.56).

Javier Ferrán also recently made the following trade(s):

  • On Friday, October 12th, Javier Ferrán purchased 30,000 shares of Diageo stock. The stock was bought at an average cost of GBX 2,525 ($32.99) per share, with a total value of £757,500 ($989,807.92).

Shares of LON DGE traded up GBX 14 ($0.18) during midday trading on Wednesday, reaching GBX 2,794.50 ($36.52). 1,547,598 shares of the stock were exchanged, compared to its average volume of 4,520,000. Diageo plc has a 12 month low of GBX 2,186.50 ($28.57) and a 12 month high of GBX 2,735.50 ($35.74).

A number of analysts recently weighed in on DGE shares. Goldman Sachs Group set a GBX 3,100 ($40.51) price target on shares of Diageo and gave the company a “buy” rating in a report on Thursday, September 20th. Kepler Capital Markets reaffirmed a “buy” rating on shares of Diageo in a report on Wednesday, September 19th. Citigroup reaffirmed a “buy” rating on shares of Diageo in a report on Wednesday, September 19th. Shore Capital reaffirmed a “buy” rating on shares of Diageo in a report on Monday, September 17th. Finally, UBS Group reaffirmed a “buy” rating on shares of Diageo in a report on Friday, September 14th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of GBX 2,863.42 ($37.42).

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Diageo Company Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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Insider Buying and Selling by Quarter for Diageo (LON:DGE)

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