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Foresight Group Director Acquires Significant Shareholding

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Foresight Group Director Acquires Significant Shareholding

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The latest update is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).

Foresight Group Holdings Ltd. announced that Geoffrey Gavey, a Non-Executive Director and Person Discharging Managerial Responsibilities (PDMR), has purchased 24,700 ordinary shares of the company at a price of £4.0484 per share, totaling £100,277.22. This transaction, conducted on the London Stock Exchange, reflects a significant personal investment by a key company figure, potentially signaling confidence in the company’s future performance and stability, which may positively influence stakeholder perceptions.

The most recent analyst rating on (GB:FSG) stock is a Hold with a £442.00 price target. To see the full list of analyst forecasts on Foresight Group Holdings Ltd. stock, see the GB:FSG Stock Forecast page.

Spark’s Take on GB:FSG Stock

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

Foresight Group Holdings Ltd. has a strong financial performance with impressive revenue and profit growth, which is the most significant factor in its score. However, the technical analysis indicates bearish momentum, which negatively impacts the overall score. The valuation is reasonable with a strong dividend yield, providing some support to the score. The absence of earnings call and corporate events data means these factors do not influence the score.

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

More about Foresight Group Holdings Ltd.

Foresight Group Holdings Ltd. operates in the financial sector, focusing on investment management and related services. The company is involved in managing funds and providing investment solutions, catering to a diverse range of clients and markets.

Average Trading Volume: 429,636

Technical Sentiment Signal: Sell

Current Market Cap: £469.1M

See more insights into FSG stock on TipRanks’ Stock Analysis page.

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