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Capita Executive Exercises Share Awards and Sells Portion to Cover Tax

Story Highlights
  • Capita executive Nicole Dorskind exercised nil-cost restricted share options granted under the 2021 executive plan.
  • Some shares were sold to cover tax and national insurance, with the balance retained and disclosed under UK rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capita Executive Exercises Share Awards and Sells Portion to Cover Tax

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Capita plc ( (GB:CPI) ).

Capita has disclosed that Chief Communications and Corporate Affairs Officer Nicole Dorskind has exercised nil-cost restricted share options granted under the Capita Executive Plan 2021. As part of the transaction, a portion of the resulting ordinary shares was sold to cover income tax and national insurance obligations, with the remaining shares retained, in line with UK Market Abuse Regulation disclosure requirements.

The most recent analyst rating on (GB:CPI) stock is a Hold with a £227.00 price target. To see the full list of analyst forecasts on Capita plc stock, see the GB:CPI Stock Forecast page.

Spark’s Take on CPI Stock

According to Spark, TipRanks’ AI Analyst, CPI is a Neutral.

The score is driven primarily by weak financial performance (recent loss, margin compression, high leverage and thin equity, and poor free-cash-flow generation) and bearish technicals (price below major moving averages with negative momentum). Valuation provides limited offset given the negative P/E and no dividend yield data.

To see Spark’s full report on CPI stock, click here.

More about Capita plc

Capita plc is a UK-based business process outsourcing and professional services company, providing customer management, administration, IT-enabled services and corporate support solutions to public and private sector clients. The group focuses on long-term contracts that help organisations streamline operations, cut costs and improve service delivery across a range of regulated and complex industries.

Average Trading Volume: 682,143

Technical Sentiment Signal: Strong Sell

Current Market Cap: £284.4M

For an in-depth examination of CPI stock, go to TipRanks’ Overview page.

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