Ninety One Discloses Executive Share Transactions Following Incentive Plan Vesting

The latest update is out from Ninety One ( (GB:N91) ).

Ninety One has announced transactions involving directors and key personnel, disclosing changes in their interests in the company’s securities. These transactions include the sale of shares following the vesting of forfeitable shares under the company’s Executive Incentive Plan. The announcement highlights the vesting of shares to key executives, with a portion subject to retention periods, reflecting the company’s compliance with regulatory requirements and its commitment to transparency in its operations.

The most recent analyst rating on (GB:N91) stock is a Sell with a £1.25 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.

Spark’s Take on GB:N91 Stock

According to Spark, TipRanks’ AI Analyst, GB:N91 is a Neutral.

Ninety One’s stock is buoyed by strong cash flow and an attractive valuation, despite challenges like declining revenue and high leverage. The strategic partnership with Sanlam and share repurchases offer growth potential. However, technical indicators suggest caution, and market volatility remains a risk.

To see Spark’s full report on GB:N91 stock, click here.

More about Ninety One

Ninety One is a dual-listed company incorporated in both South Africa and the United Kingdom. It operates in the financial services industry, focusing on investment management and related financial services. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange, indicating a significant market presence in both regions.

YTD Price Performance: 20.71%

Average Trading Volume: 907,468

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.04B

Learn more about N91 stock on TipRanks’ Stock Analysis page.