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GB Group plc ( (GB:GBG) ) has issued an announcement.
GB Group plc announced that its CEO, Dev Dhiman, has purchased 20,000 ordinary shares, increasing his total holding to 40,000 shares, representing 0.02% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, is a significant move that may reflect the CEO’s confidence in the company’s future performance and could influence stakeholder perceptions positively.
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
GB Group plc, commonly referred to as GBG, operates in the technology sector providing identity data intelligence solutions. The company focuses on offering services that help organizations validate and verify the identity and location of their customers, which is crucial for fraud prevention and compliance with regulatory requirements.
Average Trading Volume: 2,431,877
Technical Sentiment Signal: Sell
Current Market Cap: £574.8M
For detailed information about GBG stock, go to TipRanks’ Stock Analysis page.