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GlobalData CFO Purchases Shares, Reinforcing Regulatory Compliance

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GlobalData CFO Purchases Shares, Reinforcing Regulatory Compliance

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GlobalData ( (GB:DATA) ) has provided an announcement.

GlobalData Plc announced a transaction involving the purchase of ordinary shares by its Chief Financial Officer, Graham Lilley. The transaction, conducted on the London Stock Exchange, involved the acquisition of 23,961 shares at a total value of £29,993.18. This move is part of the company’s compliance with the Market Abuse Regulation and the Disclosure Guidance and Transparency Rules, reflecting its commitment to transparency and regulatory adherence.

The most recent analyst rating on (GB:DATA) stock is a Hold with a £148.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.

Spark’s Take on GB:DATA Stock

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

GlobalData’s stock score is primarily influenced by its solid financial performance, particularly in revenue growth and debt management. However, technical indicators suggest potential short-term weakness, and the high P/E ratio indicates overvaluation concerns. The absence of earnings call insights and corporate events limits additional context.

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

More about GlobalData

GlobalData Plc operates in the data and analytics industry, providing comprehensive data solutions and insights across various sectors. The company focuses on delivering market intelligence and analytics to help businesses make informed decisions.

Average Trading Volume: 1,921,629

Technical Sentiment Signal: Sell

Current Market Cap: £923.6M

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

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