tiprankstipranks
Trending News
More News >

FirstGroup CFO and Wife Sell Significant Shares

Story Highlights
FirstGroup CFO and Wife Sell Significant Shares

Don’t Miss TipRanks’ Half-Year Sale

Firstgroup ( (GB:FGP) ) just unveiled an update.

FirstGroup plc announced that Ryan Mangold, the Chief Finance Officer, and his wife, Nicole Mangold, sold a significant number of shares, totaling 1,000,000 shares, on the London Stock Exchange. Despite the sale, they still hold a substantial shareholding, representing over 540% of Ryan’s annual salary, indicating a strong financial position relative to the company’s remuneration policy.

The most recent analyst rating on (GB:FGP) stock is a Buy with a £205.00 price target. To see the full list of analyst forecasts on Firstgroup stock, see the GB:FGP Stock Forecast page.

Spark’s Take on GB:FGP Stock

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

FirstGroup’s overall stock score reflects mixed financial performance with challenges in profitability and leverage, countered by positive cash flows. The stock’s technical indicators show bearish momentum, but its attractive valuation metrics, including a low P/E ratio and decent dividend yield, provide a buffer. Recent corporate actions, such as the share buyback and strategic acquisitions, further enhance the outlook, despite not directly impacting the score calculation due to weight redistribution.

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

More about Firstgroup

FirstGroup plc is a leading transport operator in the UK, providing bus and rail services. The company focuses on delivering sustainable and reliable transportation solutions to its customers.

Average Trading Volume: 1,697,289

Technical Sentiment Signal: Buy

Current Market Cap: £1.24B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1