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Lloyds Banking Corrects PDMR Filing on 600,000-Share Disposal

Story Highlights
  • Lloyds Banking Group corrected a filing to confirm PDMR Chirantan Barua sold 600,000 ordinary shares on 10 March 2026.
  • Despite the sizeable share sale, Lloyds says Barua remains on track with shareholding policy, maintaining governance alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lloyds Banking Corrects PDMR Filing on 600,000-Share Disposal

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Lloyds Banking ( (GB:LLOY) ) has provided an update.

Lloyds Banking Group has corrected a previous regulatory filing to clarify that Chirantan Barua, CEO of Insurance, Pensions & Investments and a person discharging managerial responsibilities, sold a total of 600,000 ordinary shares on 10 March 2026 on the London Stock Exchange. The revision fixes an earlier typographical error in the reported number of shares, while the bank stressed that Barua remains on track to meet the group’s shareholding policy requirements, signalling no change to its governance stance or executive alignment with shareholder interests.

The transactions were executed in three tranches at prices just below 100p per share, with 300,000, 200,000 and 100,000 shares sold at slightly differing levels. The disclosure underscores the group’s adherence to market transparency rules on insider dealings and suggests that, despite the sizeable disposal, management’s equity holdings continue to be monitored to ensure they remain consistent with internal policy and regulatory expectations.

The most recent analyst rating on (GB:LLOY) stock is a Buy with a £104.00 price target. To see the full list of analyst forecasts on Lloyds Banking stock, see the GB:LLOY Stock Forecast page.

Spark’s Take on LLOY Stock

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

The score is driven primarily by a strong, upgrade-supported earnings outlook and capital return plan from the latest call. This is tempered by weaker underlying financial quality signals (higher leverage and negative free cash flow in the last two years). Technically the trend is positive, but overbought indicators add near-term risk, while valuation and yield are supportive but not standout.

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

More about Lloyds Banking

Lloyds Banking Group is a major U.K. financial services provider with a strong presence in retail and commercial banking, as well as insurance, pensions and investment products. Through its various divisions, the group focuses on serving individuals and businesses across the U.K. market, offering lending, savings, protection and long-term investment solutions.

Average Trading Volume: 193,323,359

Technical Sentiment Signal: Buy

Current Market Cap: £55.3B

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

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