Computacenter CEO Norris Sells Shares After Exercising Performance Options

Computacenter ( (GB:CCC) ) just unveiled an update.

Computacenter announced that Chief Executive Officer Michael John Norris exercised nil-cost options under the company’s 2005 Performance Share Plan, acquiring 49,560 ordinary shares that were satisfied from the Computacenter Employee Benefit Trust. On the same day, he sold the 49,560 shares outside a trading venue at £37.8813 per share via the London Stock Exchange’s XLON platform, and following these transactions he continues to hold 1,079,214 Computacenter shares, including those held by a closely associated person, leaving his overall equity stake in the company largely intact.

The most recent analyst rating on (GB:CCC) stock is a Buy with a £3500.00 price target. To see the full list of analyst forecasts on Computacenter stock, see the GB:CCC Stock Forecast page.

Spark’s Take on CCC Stock

According to Spark, TipRanks’ AI Analyst, CCC is a Outperform.

The score is driven primarily by solid financial footing (low leverage) and strong top-line growth, tempered by 2025 profitability and cash flow weakening. Technicals remain strong but look overbought, while valuation (P/E ~20 and ~1.85% yield) offers only moderate support.

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

More about Computacenter

Computacenter plc is a U.K.-incorporated IT services and solutions provider, listed in London and focused on supplying technology infrastructure and related services to enterprise and public-sector customers. Its ordinary shares trade under ISIN GB00BV9FP302, with equity-based incentive plans used to reward senior management and align their interests with shareholders.

Average Trading Volume: 200,594

Technical Sentiment Signal: Buy

Current Market Cap: £4.01B

Learn more about CCC stock on TipRanks’ Stock Analysis page.