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Helios Underwriting ( (GB:HUW) ) has provided an announcement.
Helios Underwriting plc announced that its Non-Executive Deputy Chairman, Mr. Nigel Hanbury, along with associated persons, tendered 879,545 ordinary shares at 238 pence per share as part of a recent Tender Offer. Additionally, Mr. Hanbury sold 500,000 shares at 218.9 pence per share. Following these transactions, Mr. Hanbury and his associates now hold 7,527,680 ordinary shares, representing 10.8% of the company’s voting rights. This move indicates a significant adjustment in shareholding, potentially impacting the company’s governance and stakeholder interests.
The most recent analyst rating on (GB:HUW) stock is a Hold with a £225.00 price target. To see the full list of analyst forecasts on Helios Underwriting stock, see the GB:HUW Stock Forecast page.
Spark’s Take on GB:HUW Stock
According to Spark, TipRanks’ AI Analyst, GB:HUW is a Neutral.
The overall stock score of 60 reflects a balance between the company’s undervalued position and its operational challenges. The strong valuation metrics are offset by significant risks in financial performance, particularly in cash flow management. Technical indicators suggest moderate bullish momentum, but the company’s ability to address its financial challenges will be critical for future performance.
To see Spark’s full report on GB:HUW stock, click here.
More about Helios Underwriting
Helios Underwriting plc is a company that provides limited liability direct investment into the Lloyd’s insurance market. It is publicly traded on the London Stock Exchange’s AIM market and offers a diverse portfolio of syndicates primarily participating in the US and other international wholesale and reinsurance markets.
Average Trading Volume: 52,966
Technical Sentiment Signal: Strong Buy
Current Market Cap: £151.4M
For a thorough assessment of HUW stock, go to TipRanks’ Stock Analysis page.