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GetBusy Plc ( (GB:GETB) ) has issued an update.
GetBusy plc announced a correction to a previous report regarding the purchase of shares by CEO Daniel Rabie. The corrected volume of shares purchased is 191,366, not 215,825 as initially reported. Following this transaction, Rabie and his associates hold a 5.94% beneficial interest in the company, with additional vested options representing a further 5.98% of voting rights. This announcement underscores the CEO’s significant stake and confidence in the company’s future, potentially influencing stakeholder perception and market positioning.
The most recent analyst rating on (GB:GETB) stock is a Buy with a £57.00 price target. To see the full list of analyst forecasts on GetBusy Plc stock, see the GB:GETB Stock Forecast page.
Spark’s Take on GB:GETB Stock
According to Spark, TipRanks’ AI Analyst, GB:GETB is a Outperform.
GetBusy Plc exhibits strong technical momentum and positive corporate developments, enhancing its growth outlook. However, financial stability challenges and inconsistent free cash flow generation temper the overall score.
To see Spark’s full report on GB:GETB stock, click here.
More about GetBusy Plc
GetBusy provides specialist document workflow software to professional and financial services markets. Its strategy focuses on generating cash returns through SmartVault, a US tax platform, while building long-term value in Workiro, a content and collaboration solution for cloud ERP systems. The company’s AI-enabled products are used by over 65,000 paying users globally.
Average Trading Volume: 168,606
Technical Sentiment Signal: Buy
Current Market Cap: £42.33M
See more insights into GETB stock on TipRanks’ Stock Analysis page.