Pearson plc (LON:PSON) Insider Sherry Coutu Acquires 731 Shares

Pearson plc (LON:PSON) insider Sherry Coutu bought 731 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of GBX 1,282 ($16.19) per share, for a total transaction of £9,371.42 ($11,832.60).

Sherry Coutu also recently made the following trade(s):

• On Monday, September 30th, Sherry Coutu bought 922 shares of Pearson stock. The stock was purchased at an average price of GBX 1,017 ($12.84) per share, for a total transaction of £9,376.74 ($11,839.32).

Pearson Trading Down 0.6 %

LON PSON traded down GBX 7.50 ($0.09) during trading hours on Monday, hitting GBX 1,274.50 ($16.09). 1,176,243 shares of the company were exchanged, compared to its average volume of 2,108,547. The stock has a 50-day moving average price of GBX 1,147.55 and a 200 day moving average price of GBX 1,057.67. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 43.56. Pearson plc has a 52 week low of GBX 925.20 ($11.68) and a 52 week high of GBX 1,285.50 ($16.23). The stock has a market cap of £8.46 billion, a PE ratio of 2,564.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. boosted their target price on Pearson from GBX 1,170 ($14.77) to GBX 1,400 ($17.68) and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,146.75 ($14.48).

About Pearson

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.