Jupiter executives exercise long-term incentives and sell shares for tax

An announcement from Jupiter Fund Management Plc ( (GB:JUP) ) is now available.

Jupiter Fund Management has disclosed share transactions by its top executives following the exercise of awards under the firm’s long-term incentive plan. Chief executive Matthew Beesley exercised options over 48,820 shares, then sold 23,463 shares at about £1.58 each to cover tax and expenses, leaving him with 25,357 additional shares.

Chief financial and operating officer Wayne Mepham exercised options over 62,677 shares, selling 30,123 shares at roughly £1.57 for the same tax-related reasons and retaining 32,554 shares. The transactions, conducted partly off-market and partly on the London Stock Exchange, underline continued executive participation in Jupiter’s equity-based remuneration schemes and are disclosed under market abuse regulations.

The most recent analyst rating on (GB:JUP) stock is a Sell with a £1.55 price target. To see the full list of analyst forecasts on Jupiter Fund Management Plc stock, see the GB:JUP Stock Forecast page.

Spark’s Take on JUP Stock

According to Spark, TipRanks’ AI Analyst, JUP is a Outperform.

The score is led by improved financial performance supported by a strong, low-leverage balance sheet, plus an earnings-call outlook showing better flows and investment performance with active capital returns. Valuation is supportive due to the low P/E. These positives are moderated by historically volatile earnings/cash flows, guidance implying fee margin pressure and lumpy performance fees, and only mixed near-term technical signals.

To see Spark’s full report on JUP stock, click here.

More about Jupiter Fund Management Plc

Jupiter Fund Management plc is a UK-based asset management company that offers investment funds and portfolio management services to retail and institutional clients. Listed on the London Stock Exchange, it focuses on active fund management across equities, fixed income and multi-asset strategies for investors seeking active returns.

Average Trading Volume: 1,745,772

Technical Sentiment Signal: Buy

Current Market Cap: £803.3M

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