Legal & General discloses share sales by chief risk officer

Legal & General ( (GB:LGEN) ) has shared an update.

Legal & General has disclosed that Group Chief Risk Officer Chris Knight, a person discharging managerial responsibilities, sold 100,000 ordinary shares in the group on 17 March 2026 at £2.5141 per share on the London Stock Exchange. The move forms part of regulatory reporting of senior executive share dealings and may be monitored by investors as an indicator of insider sentiment toward the company’s valuation.

In a separate transaction disclosed the same day, Knight exercised a performance share plan award granted in April 2021 over 150,983 shares and immediately sold all of those shares on 18 March 2026 at £2.519015 per share. These transactions, while not indicating any change in Legal & General’s strategy or operations, highlight ongoing realisation of incentive-based compensation by top management and provide transparency for shareholders under market abuse regulations.

The most recent analyst rating on (GB:LGEN) stock is a Sell with a £236.00 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 group focused on insurance, asset management and retirement solutions. Listed on the London Stock Exchange, it issues ordinary shares with voting rights and is subject to UK Market Abuse Regulation disclosure requirements for transactions by senior managers.

Average Trading Volume: 21,310,624

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.13B

Learn more about LGEN stock on TipRanks’ Stock Analysis page.