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Fintel PLC ( (GB:FNTL) ) has shared an update.
Fintel plc has disclosed that its Non-Executive Chairman, Phil Smith, and a person closely associated with Non-Executive Director Ian Pickford have purchased additional ordinary shares in the company. Smith acquired a total of 77,910 shares over three days on AIM at prices between £2.19 and £2.41, increasing his holding to 223,022 shares, representing 0.21% of the company’s issued share capital, while shares acquired by Pickford’s closely associated person amount to 10,444 shares, giving him an effective interest of 0.01%. The director and PCA share purchases, notified in line with market regulations, signal increased insider commitment to Fintel and may be interpreted by investors as a vote of confidence in the company’s prospects and positioning within the UK retail financial services technology market.
The most recent analyst rating on (GB:FNTL) stock is a Hold with a £261.00 price target. To see the full list of analyst forecasts on Fintel PLC stock, see the GB:FNTL Stock Forecast page.
Spark’s Take on GB:FNTL Stock
According to Spark, TipRanks’ AI Analyst, GB:FNTL is a Neutral.
Fintel PLC’s overall stock score is driven by its strong corporate events and strategic transformation, which are offset by bearish technical indicators and high valuation. While financial performance shows growth, declining profitability and cash flow metrics pose risks. The company’s strategic initiatives and market positioning offer potential for long-term value creation.
To see Spark’s full report on GB:FNTL stock, click here.
More about Fintel PLC
Fintel plc is a leading UK-based provider of fintech software and support services to the retail financial services sector. Through its Software & Data and Services divisions and brands such as Defaqto, SimplyBiz and threesixty, it supplies technology, data, distribution services and expert product ratings to thousands of intermediary businesses, hundreds of financial institutions and millions of consumers.
Average Trading Volume: 229,775
Technical Sentiment Signal: Sell
Current Market Cap: £229.2M
See more data about FNTL stock on TipRanks’ Stock Analysis page.