CLS Holdings Executives Acquire Shares Under Incentive Plan

CLS Holdings ( (GB:CLI) ) has issued an update.

CLS Holdings plc announced that its Chief Executive Officer, Fredrik Widlund, and Chief Financial Officer, Andrew Kirkman, acquired ordinary shares under the company’s Share Incentive Plan. Each executive purchased 227 Partnership Shares at 66.0 pence per share and received an equal number of Matching Shares. This transaction highlights the executives’ commitment to the company and aligns their interests with shareholders, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.

Spark’s Take on GB:CLI Stock

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

The overall stock score reflects significant financial challenges, with persistent losses and high leverage impacting financial performance. Technical analysis indicates bearish momentum, while valuation is supported by a high dividend yield. Positive corporate events, including new leases and insider buying, provide some optimism.

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

More about CLS Holdings

Average Trading Volume: 359,696

Technical Sentiment Signal: Strong Sell

Current Market Cap: £260.3M

See more data about CLI stock on TipRanks’ Stock Analysis page.