Legal & General Discloses Share Sale by Chief Risk Officer

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. Knight, classified as a person discharging managerial responsibilities, sold a total of 82,612 ordinary shares with voting rights in the company.

The shares were sold on 9 April 2026 on the London Stock Exchange at an aggregated price of £2.609 per share. The notification provides transparency for investors and regulators regarding dealings by senior executives, reinforcing market confidence in the company’s governance and compliance practices.

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 major UK-based financial services company operating in insurance, retirement solutions, and investment management. The group focuses on providing life insurance, pensions, asset management, and related financial products, with its shares listed on the London Stock Exchange and widely held by institutional and retail investors.

Average Trading Volume: 25,224,645

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.57B

For an in-depth examination of LGEN stock, go to TipRanks’ Overview page.