Global Business Travel Group, Inc. (NYSE:GBTG – Get Rating) gapped up prior to trading on Friday . The stock had previously closed at $5.55, but opened at $5.74. Global Business Travel Group shares last traded at $5.80, with a volume of 103 shares.
Analyst Ratings Changes
Separately, Redburn Partners initiated coverage on Global Business Travel Group in a report on Tuesday, June 21st. They issued a “buy” rating and a $12.50 price target for the company.
Global Business Travel Group Stock Performance
Insider Transactions at Global Business Travel Group
In other news, CEO Paul G. Abbott acquired 17,739 shares of Global Business Travel Group stock in a transaction dated Friday, June 10th. The stock was purchased at an average cost of $6.92 per share, for a total transaction of $122,753.88. Following the completion of the purchase, the chief executive officer now directly owns 17,739 shares in the company, valued at approximately $122,753.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CEO Paul G. Abbott acquired 17,739 shares of Global Business Travel Group stock in a transaction dated Friday, June 10th. The stock was purchased at an average cost of $6.92 per share, for a total transaction of $122,753.88. Following the completion of the purchase, the chief executive officer now directly owns 17,739 shares in the company, valued at approximately $122,753.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James Peter Bush acquired 5,000 shares of Global Business Travel Group stock in a transaction dated Friday, June 10th. The stock was purchased at an average price of $7.05 per share, with a total value of $35,250.00. Following the completion of the purchase, the director now owns 5,000 shares of the company’s stock, valued at $35,250. The disclosure for this purchase can be found here. Company insiders own 0.07% of the company’s stock.
About Global Business Travel Group
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Global Business Travel Group, Inc provides business-to-business (B2B) travel platform. The company’s platform offers a suite of technology-enabled solutions to business travelers and corporate clients, travel content suppliers, and third-party travel agencies. Its platform manages travel, expenses, and meetings and events for companies.
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