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Softcat ( (GB:SCT) ) has shared an announcement.
Softcat plc announced the exercise of nil-cost options by a person discharging managerial responsibilities, specifically the Chairman, Graeme Watt. The exercise involved the Softcat Long Term Incentive Plan and the Annual and Deferred Bonus Plan, with a portion of shares sold to cover tax liabilities and the remainder retained. This transaction highlights the company’s ongoing commitment to rewarding its executives through incentive plans, potentially impacting its market perception and stakeholder confidence.
The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.
Spark’s Take on GB:SCT Stock
According to Spark, TipRanks’ AI Analyst, GB:SCT is a Outperform.
Softcat’s strong financial performance and positive corporate events are the most significant factors driving the score. However, technical indicators suggest caution due to bearish trends, and the valuation is moderate. The absence of recent earnings call data limits insights into management’s current outlook.
To see Spark’s full report on GB:SCT stock, click here.
More about Softcat
Softcat plc operates in the IT infrastructure and services industry, providing a range of technology solutions and services to businesses and public sector organizations. The company focuses on delivering software, hardware, and IT services, catering to a diverse market with an emphasis on customer service and technical expertise.
Average Trading Volume: 417,531
Technical Sentiment Signal: Hold
Current Market Cap: £2.88B
See more data about SCT stock on TipRanks’ Stock Analysis page.