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MJ Gleeson PLC ( (GB:GLE) ) has shared an update.
MJ Gleeson PLC announced that its CEO, Graham Prothero, and CFO, Stefan Allanson, exercised share options over 10,344 ordinary shares as part of the company’s Annual and Deferred Bonus Plan for the fiscal year ending June 30, 2023. Following the exercise, Allanson sold 658 shares to cover tax liabilities, with the transactions reflecting a minor change in their aggregate shareholdings. This move indicates the company’s commitment to rewarding its executives while managing tax obligations, potentially impacting shareholder perceptions and executive retention strategies.
The most recent analyst rating on (GB:GLE) stock is a Hold with a £418.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.
Spark’s Take on GB:GLE Stock
According to Spark, TipRanks’ AI Analyst, GB:GLE is a Neutral.
MJ Gleeson PLC’s stock score is primarily driven by its strong technical analysis and fair valuation. Financial performance is mixed, with positive revenue growth but challenges in profitability and cash flow. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:GLE stock, click here.
More about MJ Gleeson PLC
MJ Gleeson PLC is a company incorporated in England and Wales, operating in the construction and real estate industry. The company primarily focuses on building affordable homes and urban regeneration projects, catering to a market that demands cost-effective housing solutions.
Average Trading Volume: 153,956
Technical Sentiment Signal: Sell
Current Market Cap: £209.6M
For a thorough assessment of GLE stock, go to TipRanks’ Stock Analysis page.