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Legal & General discloses share sale by Chief Risk Officer

Story Highlights
  • Legal & General reported a regulatory share transaction by Chief Risk Officer Chris Knight.
  • Knight sold 100,000 Legal & General shares at £2.432 each on 12 March 2026, signalling routine insider dealing transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legal & General discloses share sale by Chief Risk Officer

Meet Samuel – Your Personal Investing Prophet

Legal & General ( (GB:LGEN) ) has issued an announcement.

Legal & General has disclosed a share transaction by Group Chief Risk Officer Chris Knight, in line with UK Market Abuse Regulation requirements. The filing reports that Knight, classified as a person discharging managerial responsibilities, conducted a sale of ordinary shares in the company.

The transaction involved the sale of 100,000 ordinary shares at a price of £2.432 per share on 12 March 2026 on the London Stock Exchange. While routine in nature, such disclosures provide transparency to investors regarding insider dealings and may be monitored by stakeholders for signals about executive confidence and capital planning.

The most recent analyst rating on (GB:LGEN) stock is a Buy with a £3.40 price target. To see the full list of analyst forecasts on Legal & General stock, see the GB:LGEN Stock Forecast page.

Spark’s Take on GB:LGEN Stock

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

Legal & General’s overall stock score reflects a mix of financial challenges and positive market sentiment. The company’s financial performance is a concern due to declining revenues and cash flow issues. However, technical indicators show bullish momentum, and corporate events suggest confidence in future growth. The high P/E ratio indicates overvaluation, but the attractive dividend yield provides some balance.

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

More about Legal & General

Legal & General Group Plc is a UK-based financial services company operating in insurance, investment management, and retirement solutions. The group focuses on providing savings, protection, and asset management products to retail and institutional clients, with its shares listed on the London Stock Exchange.

Average Trading Volume: 20,286,409

Technical Sentiment Signal: Buy

Current Market Cap: £13.59B

For a thorough assessment of LGEN stock, go to TipRanks’ Stock Analysis page.

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