Hargreaves Services Director Maintains Shareholding After Strategic Transaction

Hargreaves Services ( (GB:HSP) ) just unveiled an announcement.

Hargreaves Services plc announced that David Anderson, Group Property Director, sold and repurchased 10,309 ordinary shares in the company, maintaining his holding at 113,653 shares, which represents 0.34% of the company’s total issued share capital. This transaction, conducted on the London Stock Exchange’s AIM, reflects a strategic move to manage personal investments without altering the overall shareholding structure, indicating stability in the company’s management and potential confidence in its market position.

Spark’s Take on GB:HSP Stock

According to Spark, TipRanks’ AI Analyst, GB:HSP is a Outperform.

Hargreaves Services scores well due to its robust financial health, strong interim results, and strategic leadership changes that enhance growth prospects. Valuation metrics are attractive with a fair P/E ratio and a high dividend yield. Technical indicators show neutral to positive momentum.

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

More about Hargreaves Services

Hargreaves Services plc is a diversified group providing services to the industrial and property sectors, with a focus on supporting key industries in the UK and South East Asia. The company operates through three business segments: Services, Hargreaves Land, and a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS). These segments offer materials handling, mechanical and electrical contracting services, logistics, major earthworks, sustainable development of brownfield sites, and trading in specialist commodity markets.

YTD Price Performance: 3.53%

Average Trading Volume: 44,265

Technical Sentiment Signal: Strong Sell

Current Market Cap: £171.4M

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