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Renishaw Announces Share Disposal by Key Associate

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Renishaw Announces Share Disposal by Key Associate

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Renishaw ( (GB:RSW) ) just unveiled an announcement.

Renishaw plc announced the disposal of shares by Josephine Lanyon, a person closely associated with Non-executive Director Richard McMurtry. The transaction involved the sale of 8,254 ordinary shares at a price of £35.5021 each on the London Stock Exchange. Additionally, Josephine Lanyon executed the disposal of 720 shares as an executor of her late father’s estate. These transactions reflect internal financial activities that may influence investor perceptions and stakeholder interests.

The most recent analyst rating on (GB:RSW) stock is a Hold with a £2450.00 price target. To see the full list of analyst forecasts on Renishaw stock, see the GB:RSW Stock Forecast page.

Spark’s Take on GB:RSW Stock

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

Renishaw’s strong financial position and strategic initiatives are major strengths, supporting a solid stock performance. However, decreased net profit margins and limited dividend yield slightly offset these positives.

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

More about Renishaw

Renishaw plc operates in the engineering and technology industry, specializing in precision measurement and healthcare products. The company is known for its innovative solutions in metrology, healthcare, and manufacturing, focusing on enhancing efficiency and accuracy in various industrial applications.

Average Trading Volume: 125,587

Technical Sentiment Signal: Buy

Current Market Cap: £2.61B

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

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