Drax Group CEO Sells Shares in Regulatory Compliance Move

The latest announcement is out from Drax Group plc ( (GB:DRX) ).

Will Gardiner, the CEO of Drax Group plc, sold 150,000 ordinary shares at a price of 660.0792 pence per share on June 3, 2025. This transaction, conducted on the London Stock Exchange, is part of regulatory compliance with the UK Market Abuse Regulation and reflects a change in Gardiner’s shareholding, which now totals 1,275,295 shares.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £7.50 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Spark’s Take on GB:DRX Stock

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

Drax Group plc’s strong financial performance and attractive valuation are significant strengths, supporting a positive outlook. Bullish technical indicators and strategic corporate actions further enhance the stock’s appeal, although challenges such as regulatory uncertainties and project delays require attention.

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

More about Drax Group plc

Drax Group plc is a prominent player in the energy sector, primarily focusing on renewable energy production and biomass power generation. The company is known for its efforts in transitioning from coal to sustainable energy sources, positioning itself as a leader in the renewable energy market.

Average Trading Volume: 1,532,871

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.34B

Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.