John Pettigrew Purchases 14 Shares of National Grid plc (LON:NG) Stock

National Grid plc (LON:NG) insider John Pettigrew purchased 14 shares of National Grid stock in a transaction dated Monday, September 9th. The shares were acquired at an average cost of GBX 1,028 ($13.44) per share, with a total value of £143.92 ($188.20).

John Pettigrew also recently made the following trade(s):

• On Wednesday, August 7th, John Pettigrew acquired 15 shares of National Grid stock. The shares were acquired at an average cost of GBX 975 ($12.75) per share, with a total value of £146.25 ($191.25).
• On Friday, July 19th, John Pettigrew purchased 271 shares of National Grid stock. The stock was bought at an average price of GBX 937 ($12.25) per share, with a total value of £2,539.27 ($3,320.61).
• On Monday, July 8th, John Pettigrew bought 17 shares of National Grid stock. The shares were purchased at an average price of GBX 931 ($12.17) per share, for a total transaction of £158.27 ($206.97).
• On Tuesday, July 2nd, John Pettigrew sold 197,294 shares of National Grid stock. The shares were sold at an average price of GBX 892 ($11.66), for a total value of £1,759,862.48 ($2,301,376.33).

National Grid Price Performance

Shares of NG stock opened at GBX 1,042 ($13.63) on Friday. The stock has a market capitalization of £50.95 billion, a P/E ratio of 1,894.55, a PEG ratio of 1.97 and a beta of 0.25. The company has a debt-to-equity ratio of 161.24, a quick ratio of 0.34 and a current ratio of 0.91. The company’s 50-day moving average is GBX 976.02 and its 200 day moving average is GBX 995.44.

Analyst Ratings Changes

NG has been the subject of a number of research reports. Royal Bank of Canada restated an “outperform” rating and set a GBX 1,125 ($14.71) target price on shares of National Grid in a research report on Tuesday, June 25th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,200 ($15.69) price target on shares of National Grid in a research report on Friday, August 30th.

About National Grid

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.