Naked Wines Announces Share Sale by Director’s Associate

Naked Wines plc ( (GB:WINE) ) has issued an update.

Naked Wines PLC announced that Nicola Pailing, associated with Non-Executive Director Jack Pailing, sold 6,125 ordinary shares. Following this transaction, Jack Pailing’s beneficial interest, along with those closely associated with him, amounts to 892,529 shares, representing approximately 1.21% of the company’s issued share capital. This transaction is part of the routine disclosure of dealings by persons discharging managerial responsibilities, reflecting transparency in the company’s operations.

The most recent analyst rating on (GB:WINE) stock is a Buy with a £95.00 price target. To see the full list of analyst forecasts on Naked Wines plc stock, see the GB:WINE Stock Forecast page.

Spark’s Take on GB:WINE Stock

According to Spark, TipRanks’ AI Analyst, GB:WINE is a Neutral.

Naked Wines plc has a moderate overall stock score driven by strong technical momentum and promising cash flow improvements. However, significant challenges in profitability and valuation concerns due to a negative P/E ratio weigh heavily on the score. The company’s strategic initiatives and recent corporate events provide optimism for future recovery, but immediate financial and valuation challenges remain.

To see Spark’s full report on GB:WINE stock, click here.

More about Naked Wines plc

Naked Wines is an innovative online wine retailer founded in 2008, focused on providing quality, choice, and fair pricing. The company operates a unique business model by funding winemakers upfront, allowing them to produce exceptional wines without financial constraints. Naked Wines aims to transform the wine-buying experience by offering personalized recommendations and eliminating guesswork, serving customers in the UK, US, and Australia with access to over 300 independent winemakers and 2,500 wines from 23 countries.

Average Trading Volume: 350,948

Technical Sentiment Signal: Hold

Current Market Cap: £68.08M

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