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Ithaca Energy PLC ( (GB:ITH) ) has provided an update.
Ithaca Energy has reported routine dealings in its ordinary shares under its HMRC-approved Share Incentive Plan, an all-employee scheme allowing staff to buy shares through monthly salary deductions. On 7 April 2026, the SIP trustee purchased ordinary shares on behalf of Executive Chairman Yaniv Friedman, Chief Financial Officer Iain Lewis and Chief Executive Officer Luciano Vasques on the London Stock Exchange.
In addition to the purchases, the three senior executives received further ordinary shares as matching awards under the same Share Incentive Plan, with those shares also held through the SIP trustee. The transactions, which involve small share volumes at a price of £2.576 for the purchased shares and nil cost for the matching shares, underline continued management participation in the company’s equity and are disclosed in line with EU Market Abuse Regulation requirements.
The most recent analyst rating on (GB:ITH) stock is a Buy with a £268.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
Spark’s Take on ITH Stock
According to Spark, TipRanks’ AI Analyst, ITH is a Outperform.
The score is driven by strong technical momentum and solid cash-flow performance, partially offset by elevated earnings volatility (net loss in 2025) and a less reliable valuation signal due to the negative P/E despite the high dividend yield.
To see Spark’s full report on ITH stock, click here.
More about Ithaca Energy PLC
Ithaca Energy plc is a UK-listed energy company focused on the exploration and production of oil and gas. The company operates primarily in the North Sea, providing hydrocarbon production and related upstream activities for the regional energy market.
Average Trading Volume: 2,483,100
Technical Sentiment Signal: Buy
Current Market Cap: £4B
For an in-depth examination of ITH stock, go to TipRanks’ Overview page.