Elementis CEO Engages in Strategic Share Transaction

Elementis ( (GB:ELM) ) just unveiled an announcement.

Elementis PLC announced that CEO and Director Luc Van Ravenstein has engaged in a transaction involving the vesting of 106,416 Long-Term Incentive Plan (LTIP) share awards. Of these, 41,276 shares were sold to cover tax and related liabilities, while 65,140 shares were retained. This transaction highlights a strategic financial decision by the company’s leadership, potentially impacting stakeholder perceptions and the company’s market positioning.

The most recent analyst rating on (GB:ELM) stock is a Buy with a £190.00 price target. To see the full list of analyst forecasts on Elementis stock, see the GB:ELM Stock Forecast page.

Spark’s Take on GB:ELM Stock

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

Elementis’s overall stock score reflects mixed financial performance, with strong cash flow but negative profitability impacting valuation. Bullish technical indicators and strategic corporate events enhance the score, suggesting potential for future improvement.

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

More about Elementis

Elementis PLC operates in the specialty chemicals industry, focusing on the production and supply of chemical products that serve a variety of markets including personal care, coatings, and energy. The company is known for its innovation in chemical solutions that enhance the performance and sustainability of its customers’ products.

Average Trading Volume: 1,147,877

Technical Sentiment Signal: Strong Buy

Current Market Cap: £902.2M

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