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Octopus Investments Increases Stake in Dotdigital Group

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Octopus Investments Increases Stake in Dotdigital Group

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The latest update is out from Dotdigital ( (GB:DOTD) ).

Dotdigital Group PLC has announced a change in its major holdings, with Octopus Investments Limited increasing its voting rights in the company from 13.24% to 14.98%. This acquisition of additional voting rights by Octopus Investments strengthens its influence within Dotdigital, potentially impacting the company’s strategic decisions and market positioning.

The most recent analyst rating on (GB:DOTD) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Dotdigital stock, see the GB:DOTD Stock Forecast page.

Spark’s Take on GB:DOTD Stock

According to Spark, TipRanks’ AI Analyst, GB:DOTD is a Outperform.

Dotdigital’s overall stock score is driven by strong financial performance and positive corporate events. Technical analysis and valuation scores are moderate, reflecting mixed signals and a relatively high P/E ratio. The lack of recent earnings call data does not impact the score.

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

More about Dotdigital

Dotdigital Group PLC operates in the digital marketing industry, providing marketing automation and customer engagement solutions. The company focuses on helping businesses enhance their digital marketing strategies through innovative technology and data-driven insights.

Average Trading Volume: 838,867

Technical Sentiment Signal: Sell

Current Market Cap: £236.9M

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

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