Insider Selling: TP ICAP Group PLC (LON:TCAP) Insider Sells 52,349 Shares of Stock

Posted by Brian Himes on Apr 6th, 2025

TP ICAP Group PLC (LON:TCAP – Get Free Report) insider Nicolas Breteau sold 52,349 shares of TP ICAP Group stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of GBX 257 ($3.31), for a total value of £134,536.93 ($173,484.11).

TP ICAP Group Stock Performance

Shares of TCAP opened at GBX 234 ($3.02) on Friday. The company has a market capitalization of £1.76 billion, a PE ratio of 18.17, a PEG ratio of 0.49 and a beta of 0.65. The company’s 50 day moving average price is GBX 264.34 and its 200 day moving average price is GBX 254.96. TP ICAP Group PLC has a 52 week low of GBX 192 ($2.48) and a 52 week high of GBX 281 ($3.62).

TP ICAP Group (LON:TCAP – Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported GBX 31.80 ($0.41) EPS for the quarter. TP ICAP Group had a net margin of 4.54% and a return on equity of 4.82%. On average, equities analysts forecast that TP ICAP Group PLC will post 31.0273973 earnings per share for the current fiscal year.

TP ICAP Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 10th will be given a GBX 11.30 ($0.15) dividend. This is a positive change from TP ICAP Group’s previous dividend of $4.80. This represents a yield of 4.28%. The ex-dividend date of this dividend is Thursday, April 10th. TP ICAP Group’s dividend payout ratio is presently 116.48%.

TP ICAP Group announced that its Board of Directors has initiated a stock buyback plan on Tuesday, March 11th that permits the company to buyback 0 shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.