Income & Growth VCT Director Increases Shareholding

Income & Growth VCT plc Class S ( (GB:IGV) ) has provided an announcement.

The Income & Growth VCT plc announced that Justin Ward, a Non-Executive Director, and his spouse, Elizabeth Ward, have purchased shares through the Dividend Investment Scheme. This transaction, conducted on the London Stock Exchange, reflects a modest increase in their holdings, which now total 110,726 ordinary shares, representing 0.034% of the company’s issued share capital.

Spark’s Take on GB:IGV Stock

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

The overall stock score of 61 reflects a company with a strong balance sheet and attractive dividend yield, which is offset by inconsistent revenue growth and cash flow challenges. Technical indicators show a neutral market sentiment, neither strongly positive nor negative. The company’s recent corporate actions, such as share buybacks and dividend declarations, enhance shareholder value and slightly improve the outlook.

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

More about Income & Growth VCT plc Class S

Income & Growth VCT plc operates in the financial sector, focusing on venture capital trusts. It primarily provides investment opportunities aimed at generating income and growth for its stakeholders.

YTD Price Performance: -2.27%

Average Trading Volume: 103,605

Technical Sentiment Signal: Hold

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