Insider Buying: 3i Group plc (III) Insider Acquires 50,000 Shares of Stock

3i Group plc (LON:III) insider Simon Borrows acquired 50,000 shares of 3i Group stock in a transaction that occurred on Thursday, May 16th. The shares were purchased at an average price of GBX 1,051 ($13.73) per share, for a total transaction of £525,500 ($686,658.83).

III stock opened at GBX 1,077 ($14.07) on Friday. The company has a current ratio of 8.01, a quick ratio of 7.81 and a debt-to-equity ratio of 7.62. The firm has a market capitalization of $10.41 billion and a price-to-earnings ratio of 6.88. 3i Group plc has a 1 year low of GBX 7.44 ($0.10) and a 1 year high of GBX 1,093.50 ($14.29).

The business also recently announced a dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, June 13th will be paid a GBX 20 ($0.26) dividend. This represents a yield of 1.89%. This is a boost from 3i Group’s previous dividend of $15.00. The ex-dividend date is Thursday, June 13th. 3i Group’s dividend payout ratio (DPR) is presently 0.24%.

Separately, Numis Securities reiterated a “buy” rating on shares of 3i Group in a research note on Thursday.

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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.

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Insider Buying and Selling by Quarter for 3i Group (LON:III)

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