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The latest update is out from On The Beach ( (GB:OTB) ).
On the Beach Group PLC announced that key executives, including CEO Shaun Morton, CFO Jon Wormald, and CMO Zoe Harris, have purchased ordinary shares in the company. These transactions are part of the deferral of 50% of their annual bonuses for the financial year ending September 2025, aligning with the company’s remuneration policy. The purchases, conducted at a price of 214.5 pence per share, reflect the executives’ commitment to the company’s future and are subject to a two-year holding period. This move is likely to bolster stakeholder confidence and demonstrate leadership’s belief in the company’s growth prospects.
The most recent analyst rating on (GB:OTB) stock is a Buy with a £345.00 price target. To see the full list of analyst forecasts on On The Beach stock, see the GB:OTB Stock Forecast page.
Spark’s Take on GB:OTB Stock
According to Spark, TipRanks’ AI Analyst, GB:OTB is a Neutral.
On The Beach’s overall stock score is driven by solid financial performance, despite a recent decline in revenue. Technical analysis indicates bearish momentum, which weighs on the score. Valuation metrics suggest the stock is fairly valued, but not particularly attractive. The absence of earnings call insights and notable corporate events limits additional context.
To see Spark’s full report on GB:OTB stock, click here.
More about On The Beach
On the Beach Group PLC operates in the travel industry, primarily offering beach holiday packages. The company focuses on providing affordable travel options and has a significant presence in the UK market.
Average Trading Volume: 1,042,937
Technical Sentiment Signal: Sell
Current Market Cap: £308.6M
Find detailed analytics on OTB stock on TipRanks’ Stock Analysis page.