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Naked Wines Chair Increases Stake with Fresh Share Purchase

Story Highlights
  • Non-Executive Chair Jack Pailing bought 16,350 Naked Wines shares at £0.74 each.
  • The purchase lifts Pailing’s stake to 1.18%, signalling added board confidence to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Naked Wines Chair Increases Stake with Fresh Share Purchase

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

Naked Wines plc has disclosed that its Non-Executive Chair, Jack Pailing, has purchased 16,350 ordinary shares at £0.74 each on the London Stock Exchange’s AIM market, increasing his beneficial holding to 814,814 shares, or about 1.18% of the company’s issued share capital. The transaction, formally notified under regulatory rules for directors’ dealings, modestly deepens board-level equity alignment with shareholders, a move likely to be read by investors as a signal of confidence in the business and its direct-to-consumer wine model across its core markets.

The most recent analyst rating on (GB:WINE) stock is a Hold with a £79.00 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’s overall stock score reflects a challenging financial performance with declining revenue and profitability. However, the recent earnings call provided positive insights into cash generation and strategic improvements, which partially offset the negative valuation metrics. Technical indicators suggest a neutral market sentiment.

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

More about Naked Wines plc

Naked Wines plc is an online wine retailer operating a subscription-style “Angel” model in the UK, US and Australia, funding independent winemakers’ production costs upfront in exchange for exclusive access to a broad portfolio of over 2,500 wines from more than 300 producers worldwide. Founded in 2008, the company positions itself as a disruptive, customer-focused wine club that aims to offer better-quality wines, wider choice, personalised recommendations and fair pricing by cutting out traditional middlemen in the wine supply chain.

Average Trading Volume: 161,784

Technical Sentiment Signal: Sell

Current Market Cap: £48.75M

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

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