Mobico Group insider Brian Egan sells 89,470 shares amid profit guidance raise

Insider Brian Egan of Mobico Group Plc sold 89,470 shares on July 29 at an average price of GBX 31, generating roughly £27,736 in proceeds. The sale follows Mobico’s latest quarterly results, which showed a loss of GBX 22.62 per share and a negative net margin of 10.75%, but highlighted stronger performance in its Spanish Alsa transport business and German rail operations, prompting the company to lift its profit guidance.

Analyst reactions were mixed: Jefferies reaffirmed a “buy” rating with a target of GBX 70, while Berenberg maintained a “hold” rating and a GBX 35 target. The consensus rating remains “hold” with an average target price of GBX 43.33. After the earnings release, Mobico shares fell about 8.8%, trading around GBX 26.99 with heightened volume.

The insider transaction, combined with the updated outlook, underscores ongoing profitability challenges for the UK‑listed transport operator despite pockets of operational improvement.