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Capita plc Announces Director Share Purchase

Story Highlights
  • Capita plc operates in professional services, offering business process management.
  • Chief Strategy Officer Xenia Walters bought 16,311 shares, showing confidence in Capita.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capita plc Announces Director Share Purchase

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

Capita plc has announced a transaction involving Xenia Walters, the Chief Strategy and Transformation Officer, who has purchased shares under the Capita Share Ownership Plan. This transaction, involving the acquisition of 16,311 ordinary shares at a price of £0.12689 each, reflects ongoing engagement in the company’s equity plans, potentially indicating confidence in Capita’s strategic direction and market positioning.

Spark’s Take on GB:CPI Stock

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

Capita plc’s overall stock score reflects a challenging financial position, with strengths in valuation and positive corporate events partially offsetting weak technical indicators and financial performance. The company’s high leverage and negative cash flows pose risks, but recent insider buying and contract extensions provide optimism for future stability.

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

More about Capita plc

Capita plc is a company operating in the professional services industry, providing a range of services including business process management and outsourcing solutions. The company focuses on transforming and streamlining operations for organizations across various sectors.

YTD Price Performance: -13.69%

Average Trading Volume: 5,785,883

Technical Sentiment Signal: Strong Buy

Current Market Cap: £201M

See more insights into CPI stock on TipRanks’ Stock Analysis page.

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