Insider Buying: BP plc (LON:BP) Insider Acquires £318.15 in Stock

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BP plc (LON:BP) insider Brian Gilvary purchased 63 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was purchased at an average price of GBX 505 ($6.60) per share, for a total transaction of £318.15 ($415.72).

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

  • On Monday, August 12th, Brian Gilvary purchased 63 shares of BP stock. The stock was purchased at an average price of GBX 503 ($6.57) per share, for a total transaction of £316.89 ($414.07).
  • On Wednesday, July 10th, Brian Gilvary purchased 58 shares of BP stock. The stock was purchased at an average price of GBX 546 ($7.13) per share, for a total transaction of £316.68 ($413.80).

BP opened at GBX 504.01 ($6.59) on Friday. BP plc has a 52-week low of GBX 5.08 ($0.07) and a 52-week high of GBX 603.20 ($7.88). The firm has a market capitalization of $102.71 billion and a PE ratio of 11.51. The company has a debt-to-equity ratio of 75.21, a quick ratio of 0.69 and a current ratio of 1.07. The business’s 50-day simple moving average is GBX 508.30 and its 200 day simple moving average is GBX 538.58.

The business also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a yield of 1.59%. BP’s payout ratio is presently 0.78%.

BP has been the topic of a number of research reports. HSBC set a GBX 600 ($7.84) price target on BP and gave the company a “buy” rating in a report on Wednesday. Deutsche Bank restated a “buy” rating on shares of BP in a report on Friday, July 12th. UBS Group restated a “buy” rating on shares of BP in a report on Wednesday, August 28th. Sanford C. Bernstein set a GBX 710 ($9.28) price target on BP and gave the company a “buy” rating in a report on Tuesday, August 27th. Finally, Barclays set a GBX 700 ($9.15) target price on BP and gave the stock a “buy” rating in a report on Tuesday, September 10th. One investment analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. BP currently has an average rating of “Buy” and a consensus price target of GBX 647.81 ($8.46).

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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