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GB Group CEO Increases Stake in Company

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GB Group CEO Increases Stake in Company

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GB Group plc ( (GB:GBG) ) has shared an announcement.

GB Group plc, a company involved in identity data intelligence, announced a transaction involving its CEO, Dev Dhiman. Dhiman purchased 20,000 Ordinary shares, increasing his total holding to 40,000 shares, which represents 0.02% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, reflects a personal investment by the CEO, potentially signaling confidence in the company’s future prospects.

The most recent analyst rating on (GB:GBG) stock is a Hold with a £252.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

Spark’s Take on GB:GBG Stock

According to Spark, TipRanks’ AI Analyst, GB:GBG is a Neutral.

GB Group plc’s overall stock score is primarily supported by its strong financial performance, particularly in cash flow and profitability improvements. However, technical analysis presents mixed signals, and the high P/E ratio suggests potential overvaluation, which tempers the overall score.

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

More about GB Group plc

Average Trading Volume: 2,431,877

Technical Sentiment Signal: Sell

Current Market Cap: £574.8M

See more insights into GBG stock on TipRanks’ Stock Analysis page.

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