TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Supreme PLC ( (GB:SUP) ) just unveiled an update.
Supreme PLC announced that its CEO, Sandy Chadha, sold 2,000,000 ordinary shares to an institutional shareholder to meet investor demand. This transaction leaves Mr. Chadha with a 54.27% stake in the company. The sale reflects ongoing investor interest and may impact the company’s market dynamics and shareholder structure.
The most recent analyst rating on (GB:SUP) stock is a Buy with a £197.00 price target. To see the full list of analyst forecasts on Supreme PLC stock, see the GB:SUP Stock Forecast page.
Spark’s Take on GB:SUP Stock
According to Spark, TipRanks’ AI Analyst, GB:SUP is a Outperform.
Supreme PLC’s strong financial performance and attractive valuation are the primary drivers of its overall score. The company’s robust revenue growth and profitability, combined with a low P/E ratio and solid dividend yield, make it appealing. However, technical analysis indicates potential bearish momentum, which tempers the overall score.
To see Spark’s full report on GB:SUP stock, click here.
More about Supreme PLC
Supreme PLC is a leading manufacturer, supplier, and brand owner of fast-moving consumer goods. The company operates across three divisions: Vaping, Drinks & Wellness, and Electricals & Household. Supreme’s capabilities include product development, manufacturing, and extensive retail distribution, serving over 3,000 business accounts and around 55,000 retail outlets. It distributes globally recognized brands and has a strong portfolio of in-house brands, including 88Vape and Sci-MX. Recent expansions include acquisitions in the soft drinks, hot beverages, and weight management markets.
Average Trading Volume: 141,827
Technical Sentiment Signal: Hold
Current Market Cap: £183M
For an in-depth examination of SUP stock, go to TipRanks’ Overview page.