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MJ Gleeson PLC ( (GB:GLE) ) just unveiled an announcement.
MJ Gleeson PLC announced an amendment to a previous notification regarding a transaction by its CEO, Graham Prothero. Prothero acquired 8,571 ordinary shares at £3.50 each, increasing his total shareholding to 83,604 shares, representing 0.1432% of the company’s issued share capital. This transaction reflects confidence in the company’s prospects and may influence stakeholder perceptions positively.
The most recent analyst rating on (GB:GLE) stock is a Buy with a £500.00 price target. To see the full list of analyst forecasts on MJ Gleeson PLC stock, see the GB:GLE Stock Forecast page.
Spark’s Take on GB:GLE Stock
According to Spark, TipRanks’ AI Analyst, GB:GLE is a Neutral.
MJ Gleeson PLC presents a stable financial foundation with strong equity, though it faces growth challenges and bearish technical indicators. Insider confidence through share purchases and strategic leadership appointments provide a positive outlook, but market and operational challenges temper the overall score.
To see Spark’s full report on GB:GLE stock, click here.
More about MJ Gleeson PLC
MJ Gleeson PLC operates in the UK and is involved in the construction and property development industry, focusing on building affordable homes and urban regeneration projects.
Average Trading Volume: 190,080
Technical Sentiment Signal: Sell
Current Market Cap: £221.8M
See more data about GLE stock on TipRanks’ Stock Analysis page.