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The latest update is out from Shearwater ( (GB:SWG) ).
Shearwater Group plc announced that its CEO, Phil Higgins, and CFO, Jonathan Hall, have purchased 10,000 ordinary shares each in the company at prices of 48.7 pence and 48.5 pence per share, respectively. This move increases Higgins’ stake to approximately 11.2% and Hall’s to 0.1% of the company’s issued share capital, reflecting their confidence in the company’s growth strategy and market position.
Spark’s Take on GB:SWG Stock
According to Spark, TipRanks’ AI Analyst, GB:SWG is a Neutral.
Shearwater’s overall stock score reflects a mix of strengths and challenges. The company’s stable balance sheet and improving cash flow are positive, but significant profitability issues and negative valuation metrics weigh heavily. Positive corporate events offer some optimism for future growth and stability.
To see Spark’s full report on GB:SWG stock, click here.
More about Shearwater
Shearwater Group plc is an award-winning company specializing in cybersecurity, managed security, and professional advisory solutions aimed at creating a safer online environment for organizations and their end users. The company offers a comprehensive range of services including identity and access management, data security, cybersecurity solutions, managed security services, and security governance, risk, and compliance. Headquartered in the UK, Shearwater serves a global customer base across various industries and is listed on the London Stock Exchange’s AIM under the ticker ‘SWG’.
Average Trading Volume: 50,217
Technical Sentiment Signal: Sell
Current Market Cap: £12.15M
For detailed information about SWG stock, go to TipRanks’ Stock Analysis page.