tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Rotork CEO Exercises Share Options and Transfers to Spouse

Story Highlights
Rotork CEO Exercises Share Options and Transfers to Spouse

Claim 50% Off TipRanks Premium and Invest with Confidence

Rotork plc ( (GB:ROR) ) has provided an announcement.

Rotork plc has announced a transaction involving its Chief Executive Officer, Kiet Huynh, who exercised matured options to acquire 9,201 ordinary shares under the company’s Sharesave plan. These shares were subsequently transferred to his spouse, Gillian Huynh, at no cost. This transaction was conducted on the London Stock Exchange and complies with the UK Market Abuse Regulation, ensuring transparency and adherence to regulatory requirements.

The most recent analyst rating on (GB:ROR) stock is a Hold with a £350.00 price target. To see the full list of analyst forecasts on Rotork plc stock, see the GB:ROR Stock Forecast page.

Spark’s Take on GB:ROR Stock

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

Rotork plc’s overall stock score is driven primarily by its strong financial performance, characterized by solid revenue and cash flow growth, low leverage, and effective equity utilization. However, technical analysis indicates potential short-term weakness, and the high P/E ratio suggests overvaluation, which tempers the overall score.

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

More about Rotork plc

Rotork plc operates in the industrial sector, specializing in the manufacturing of actuators and flow control products. The company is known for its focus on providing solutions for managing the flow of liquids, gases, and powders across various industries including oil and gas, water and wastewater, and power generation.

Average Trading Volume: 1,522,733

Technical Sentiment Signal: Buy

Current Market Cap: £2.68B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1