tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Investec Discloses Share Sale by Company Secretary’s Associate

Story Highlights
  • Investec operates under a dual listed structure, focusing on banking and asset management.
  • A share sale by an associate of Investec’s company secretary was disclosed for regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Investec Discloses Share Sale by Company Secretary’s Associate

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Investec ( (GB:INVP) ).

Investec has announced a transaction involving the on-market sale of ordinary shares by a person closely associated with the company secretary. The transaction, which involved the sale of 1,334 shares at a price of GBP 5.4861 each, was conducted in London and amounted to a total value of GBP 7,318.46. This disclosure is part of Investec’s compliance with regulatory requirements under the Market Abuse Regulation and the JSE Listings Requirements, ensuring transparency in the dealings of its directors and persons closely associated with them.

The most recent analyst rating on (GB:INVP) stock is a Buy with a £660.00 price target. To see the full list of analyst forecasts on Investec stock, see the GB:INVP Stock Forecast page.

Spark’s Take on GB:INVP Stock

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

Investec’s overall score reflects a mixed financial performance with strong profitability but declining revenue and liquidity challenges. Technical analysis signals a bearish trend, while valuation indicates potential undervaluation. Recent earnings call data is positive, highlighting robust business growth and improved shareholder returns, despite some cost pressures.

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

More about Investec

Investec is a financial services company operating under a dual listed company structure with Investec plc incorporated in England and Wales, and Investec Limited in South Africa. It is listed on multiple stock exchanges including the London Stock Exchange and the Johannesburg Stock Exchange. Investec provides a range of financial products and services, with a focus on banking and asset management.

Average Trading Volume: 1,245,381

Technical Sentiment Signal: Strong Buy

Current Market Cap: £9.77B

Find detailed analytics on INVP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1