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Funding Circle Chair Acquires Significant Shareholding

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Funding Circle Chair Acquires Significant Shareholding

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Funding Circle Holdings ( (GB:FCH) ) has provided an update.

Funding Circle Holdings plc announced a transaction involving its Chair, Kenneth Stannard, who acquired 202,589 ordinary shares at a price of 122.78p each on the London Stock Exchange. This transaction highlights the company’s ongoing commitment to aligning its leadership with shareholder interests, potentially strengthening its market position and investor confidence.

The most recent analyst rating on (GB:FCH) stock is a Hold with a £132.00 price target. To see the full list of analyst forecasts on Funding Circle Holdings stock, see the GB:FCH Stock Forecast page.

Spark’s Take on GB:FCH Stock

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

Funding Circle Holdings Limited’s overall stock score is driven by a mixed financial performance and bearish technical indicators. The positive earnings call highlights strong growth and customer satisfaction, but macroeconomic challenges and cash flow issues weigh on the score. The valuation is moderate, but the lack of a dividend yield may deter some investors.

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

More about Funding Circle Holdings

Funding Circle is the UK’s leading SME finance platform, operating in a large and growing market. Since its establishment in 2010, it has extended approximately £16 billion in credit to over 110,000 businesses in the UK. The company provides a superior customer experience through its technology and data, helping SME borrowers access necessary funding, while offering institutional investors access to an alternative asset class with attractive returns.

Average Trading Volume: 568,364

Technical Sentiment Signal: Buy

Current Market Cap: £351.8M

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

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