tiprankstipranks

IP Group plc Announces Change in Major Holdings

Story Highlights
IP Group plc Announces Change in Major Holdings

IP Group plc ( (GB:IPO) ) has provided an announcement.

IP Group plc has announced a change in its major holdings, with Lombard Odier Asset Management (Europe) Limited now holding a 10.97% voting rights stake in the company. This adjustment in holdings indicates a slight decrease from the previous 11.02%, reflecting a strategic shift in the investment approach by Lombard Odier, which could influence IP Group’s future shareholder dynamics and market strategy.

More about IP Group plc

IP Group plc operates in the financial services industry, focusing on the development of intellectual property-based businesses. The company primarily invests in technology and life sciences sectors, supporting innovative companies in their growth and development.

YTD Price Performance: -20.69%

Average Trading Volume: 3,240,409

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £403.2M

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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