The latest announcement is out from Premier Asset Management ( (GB:PMI) ).
Premier Miton Group plc announced that its Share Incentive Plan, managed by Global Shares Trustees (UK) Limited, acquired 59,432 ordinary shares at 49.94 pence per share. Directors Piers Harrison and Mike O’Shea participated in the plan by acquiring partnership shares and receiving matching shares, reflecting their continued commitment to the company. This transaction underscores Premier Miton’s strategy of aligning management interests with shareholders, potentially enhancing investor confidence and market positioning.
Spark’s Take on GB:PMI Stock
According to Spark, TipRanks’ AI Analyst, GB:PMI is a Neutral.
Premier Asset Management’s overall stock score reflects a balanced perspective of its financial performance, technical analysis, valuation, and recent corporate events. The company’s strong cash flows and strategic growth initiatives are positive factors, but declining revenues and profitability, along with weak technical momentum, temper the enthusiasm. The stock’s high dividend yield adds appeal, although the high P/E ratio suggests caution regarding overvaluation.
To see Spark’s full report on GB:PMI stock, click here.
More about Premier Asset Management
Premier Miton Investors focuses on providing strong investment outcomes for investors through a variety of products and active management strategies, including equity, fixed income, multi-asset, and absolute return.
YTD Price Performance: -15.11%
Average Trading Volume: 411,024
Technical Sentiment Signal: Strong Buy
Current Market Cap: £81.64M
Learn more about PMI stock on TipRanks’ Stock Analysis page.