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Persimmon ( (GB:PSN) ) has provided an announcement.
Persimmon Plc announced that its Chief Financial Officer, Andrew Duxbury, acquired 15,151 shares in the company as part of a compensation package for a forfeited share award from his previous employer. To cover the tax liability from this vesting, Duxbury sold 7,132 shares, retaining the remaining balance. This transaction reflects the company’s adherence to regulatory requirements and highlights the financial activities of its key executives.
The most recent analyst rating on (GB:PSN) stock is a Buy with a £1236.00 price target. To see the full list of analyst forecasts on Persimmon stock, see the GB:PSN Stock Forecast page.
Spark’s Take on GB:PSN Stock
According to Spark, TipRanks’ AI Analyst, GB:PSN is a Outperform.
Persimmon’s overall stock score is driven by strong financial stability with no debt and a reasonable valuation with an attractive dividend yield. However, technical indicators suggest a neutral to slightly negative momentum, and cash flow efficiency needs improvement. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:PSN stock, click here.
More about Persimmon
Persimmon Plc is a prominent company in the construction industry, primarily focused on residential development. It is known for building homes across the UK and has a significant presence in the housing market.
Average Trading Volume: 1,184,540
Technical Sentiment Signal: Sell
Current Market Cap: £3.67B
For a thorough assessment of PSN stock, go to TipRanks’ Stock Analysis page.