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Cordiant Digital Infrastructure Increases Insider Ownership with Recent Share Purchases

Story Highlights
  • Steven Marshall, Executive Chairman, bought 198,000 shares, boosting his total to 13,088,178.
  • Insider ownership now stands at 2.04% of the company’s issued share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cordiant Digital Infrastructure Increases Insider Ownership with Recent Share Purchases

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Cordiant Digital Infrastructure Limited ( (GB:CORD) ) has provided an announcement.

Cordiant Digital Infrastructure Limited announced that Steven Marshall, its Executive Chairman and Co-Founder, purchased 198,000 ordinary shares, increasing his total ownership to 13,088,178 shares. This purchase, along with recent acquisitions by company directors and other insiders, brings insider ownership to 15,639,521 shares, representing 2.04% of the company’s issued share capital, indicating confidence in the company’s future prospects.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £1.12 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Spark’s Take on GB:CORD Stock

According to Spark, TipRanks’ AI Analyst, GB:CORD is a Outperform.

Cordiant Digital Infrastructure Limited demonstrates strong growth potential due to strategic acquisitions and an attractive valuation. However, profitability and cash flow challenges, coupled with bearish technical indicators, suggest caution. Overall, it represents a balanced opportunity for growth and income, provided liquidity and momentum issues are managed.

To see Spark’s full report on GB:CORD stock, click here.

More about Cordiant Digital Infrastructure Limited

Cordiant Digital Infrastructure Limited is a specialist investor in digital infrastructure, managed by Cordiant Capital Inc. The company focuses on operationally driven investments in the digital infrastructure sector.

Average Trading Volume: 1,487,171

Technical Sentiment Signal: Buy

For a thorough assessment of CORD stock, go to TipRanks’ Stock Analysis page.

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