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Insig AI CEO Richard Bernstein Lifts Stake to Over 21% with Share Purchase

Story Highlights
  • Insig AI, a London-listed AI analytics firm, provides machine learning-based solutions to data-driven clients.
  • CEO Richard Bernstein bought 58,000 shares, lifting his stake to 21.61 percent of Insig AI’s voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Insig AI CEO Richard Bernstein Lifts Stake to Over 21% with Share Purchase

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Insig AI PLC ( (GB:INSG) ) has issued an update.

Insig AI plc has disclosed that its chief executive, Richard Bernstein, has purchased 58,000 ordinary shares in the company at 20.37 pence per share, increasing his holding to 27 million shares, or 21.61% of the company’s voting rights. The transaction, executed on the London Stock Exchange, further consolidates Bernstein’s position as a major shareholder and may be read by investors as a sign of confidence in Insig AI’s prospects and strategy in the competitive AI analytics sector.

The most recent analyst rating on (GB:INSG) stock is a Hold with a £19.50 price target. To see the full list of analyst forecasts on Insig AI PLC stock, see the GB:INSG Stock Forecast page.

Spark’s Take on GB:INSG Stock

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

The score is held down primarily by weak financial health: ongoing losses, negative operating/free cash flow, and especially negative shareholders’ equity. Technicals are mixed (short-term stabilization but longer-term downtrend), and valuation signals are limited because the negative P/E reflects unprofitability and there is no dividend yield data.

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

More about Insig AI PLC

Insig AI plc is a London-listed provider of AI-led analytics and machine learning solutions, supplying data-driven tools to clients that use artificial intelligence to enhance insight and decision-making across financial and other markets.

Average Trading Volume: 211,336

Technical Sentiment Signal: Strong Sell

Current Market Cap: £24.99M

See more data about INSG stock on TipRanks’ Stock Analysis page.

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