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GetBusy CEO Increases Stake in Company Shares

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GetBusy CEO Increases Stake in Company Shares

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GetBusy Plc ( (GB:GETB) ) has shared an update.

GetBusy plc announced that CEO Daniel Rabie has purchased 232,569 ordinary shares and sold 6,857 shares of the company, resulting in a beneficial interest over 2,403,358 shares, representing 4.74% of the total voting rights. This move reflects Rabie’s confidence in the company’s future prospects, potentially impacting investor sentiment and market perception positively.

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 plc provides specialist document workflow software primarily to the professional and financial services markets. The company focuses on generating short-term cash returns through SmartVault, a rapidly expanding US tax platform, while also building long-term value with Workiro, a content and collaboration solution for cloud ERP systems. Their AI-enabled products are utilized by over 65,000 paying users globally, integrating deeply into customers’ daily operations.

Average Trading Volume: 65,461

Technical Sentiment Signal: Buy

Current Market Cap: £30.41M

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

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