Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Aptitude Software Group plc ( (GB:APTD) ) just unveiled an update.
Aptitude Software Group plc has repurchased 14,000 ordinary shares at 290 pence each on the London Stock Exchange as part of its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company now holds 629,900 shares in treasury and has reduced the number of ordinary shares in issue and admitted to trading to 55,481,064, a change that affects the denominator shareholders use for calculating notifiable interests under UK disclosure rules and underscores Aptitude’s continued use of buybacks as a capital management tool.
The most recent analyst rating on (GB:APTD) stock is a Buy with a £326.00 price target. To see the full list of analyst forecasts on Aptitude Software Group plc stock, see the GB:APTD Stock Forecast page.
Spark’s Take on GB:APTD Stock
According to Spark, TipRanks’ AI Analyst, GB:APTD is a Outperform.
Aptitude Software Group plc shows strong financial health and strategic capital management through share buybacks, which are significant positives. However, technical indicators suggest a neutral to slightly cautious outlook, and the high P/E ratio indicates potential overvaluation. The absence of earnings call data limits insights into future guidance.
To see Spark’s full report on GB:APTD stock, click here.
More about Aptitude Software Group plc
Aptitude Software Group plc is a market‑leading provider of finance transformation software solutions focused on delivering fully autonomous finance for global clients. Its flagship platform, Fynapse, is an intelligent finance data management and accounting solution designed to boost productivity and cut costs for finance teams by providing a single view of financial and business data, high levels of automation, faster insights and a competitive total cost of ownership.
Average Trading Volume: 26,315
Technical Sentiment Signal: Strong Sell
Current Market Cap: £163.5M
See more data about APTD stock on TipRanks’ Stock Analysis page.