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Legal & General Discloses Share Sale by Chief Risk Officer

Story Highlights
  • Legal & General’s chief risk officer Chris Knight sold 200,000 ordinary shares at £2.545 each.
  • The insider transaction was conducted on the London Stock Exchange and disclosed under UK market abuse rules.
  • 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) ) just unveiled an announcement.

Legal & General has disclosed that its Group Chief Risk Officer and person discharging managerial responsibilities, Chris Knight, sold 200,000 ordinary shares in the company on 1 April 2026. The transaction, executed on the London Stock Exchange at a price of £2.545 per share, was reported in line with Article 19 of the UK Market Abuse Regulation, underscoring ongoing regulatory transparency over insider dealings in the group’s stock.

The most recent analyst rating on (GB:LGEN) stock is a Hold with a £2.49 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 LGEN Stock

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

The score is held back mainly by weaker financial quality (margin compression, volatile cash generation, and higher leverage) and bearish technicals (price below key moving averages with negative MACD). A very high dividend yield provides partial support but is offset by a relatively elevated P/E given recent profitability.

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

More about Legal & General

Legal & General Group Plc is a UK-based financial services company operating across insurance, savings and investment management. It issues ordinary shares listed on the London Stock Exchange and is subject to UK Market Abuse Regulation disclosure requirements for transactions by senior executives and other persons discharging managerial responsibilities.

Average Trading Volume: 24,482,126

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.3B

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

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