Grainger CFO Executes Share Transactions and Transfers

An announcement from Grainger ( (GB:GRI) ) is now available.

Grainger plc announced a series of transactions involving its Group CFO, Rob Hudson, who exercised nil-cost options and subsequently sold 77,856 ordinary shares to cover tax liabilities. Additionally, Hudson transferred 89,958 shares to his civil partner, Robert Driscoll, impacting his total shareholding, which now stands at 262,437 shares. These transactions reflect internal financial adjustments and shareholding management within the company, potentially influencing stakeholder perceptions of executive financial strategies.

The most recent analyst rating on (GB:GRI) stock is a Buy with a £300.00 price target. To see the full list of analyst forecasts on Grainger stock, see the GB:GRI Stock Forecast page.

Spark’s Take on GB:GRI Stock

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

Grainger’s overall stock score is supported by strong financial performance and positive technical signals. However, high leverage and declining free cash flow pose risks. Corporate events indicate strategic growth, while a high valuation remains a concern.

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

More about Grainger

Grainger plc operates in the real estate industry, focusing on residential property management and investment. The company is known for its portfolio of rental properties and its commitment to providing quality housing solutions.

Average Trading Volume: 1,822,997

Technical Sentiment Signal: Hold

Current Market Cap: £1.68B

See more data about GRI stock on TipRanks’ Stock Analysis page.