Newmark Security Shareholder Increases Stake to Just Over 5%

Newmark Security ( (GB:NWT) ) has provided an update.

Newmark Security plc announced that shareholder Mr D Bitner, together with his wife and son, has increased his stake in the company to 487,004 ordinary shares, representing 5.17% of the issued share capital. The enlarged holding underscores continuing shareholder confidence in Newmark’s position as a specialist provider of secure people-data solutions for enterprise HCM systems, and may be viewed by investors as a sign of strengthened support for the company’s long-term strategy and growth prospects.

The most recent analyst rating on (GB:NWT) stock is a Hold with a £123.00 price target. To see the full list of analyst forecasts on Newmark Security stock, see the GB:NWT Stock Forecast page.

Spark’s Take on GB:NWT Stock

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

Newmark Security’s overall stock score is driven by positive corporate events and a bullish technical outlook. Financial performance shows growth but is tempered by cash flow challenges. The valuation is moderate, with room for improvement in profitability metrics.

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

More about Newmark Security

Newmark Security plc is a global leader in secure people-data solutions for human capital management systems, providing integrated hardware and secure cloud software that manage identity, access, and time and attendance across physical and digital workplaces. Its technology generates actionable workforce data to enhance security, compliance, and productivity for major enterprises, including large retailers, law enforcement agencies and defence organisations, and operates through partnerships with leading software providers such as Oracle, SAP and Workday.

Average Trading Volume: 7,758

Technical Sentiment Signal: Strong Buy

Current Market Cap: £9.65M

See more insights into NWT stock on TipRanks’ Stock Analysis page.