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Tesco’s Chief People Officer Sells Shares Worth Over £500,000

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Tesco’s Chief People Officer Sells Shares Worth Over £500,000

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Tesco plc ( (GB:TSCO) ) has provided an announcement.

Tesco PLC announced that Emma Taylor, the Chief People Officer, sold 122,300 ordinary shares at a price of £4.10164 each, totaling £501,630.57. This transaction was conducted on the London Stock Exchange and is part of the regulatory compliance under the Market Abuse Regulation, reflecting internal shareholding adjustments.

The most recent analyst rating on (GB:TSCO) stock is a Buy with a £4.15 price target. To see the full list of analyst forecasts on Tesco plc stock, see the GB:TSCO Stock Forecast page.

Spark’s Take on GB:TSCO Stock

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

Tesco’s strong financial performance and strategic share buyback program are the most significant factors contributing to its high score. The technical analysis shows mixed signals, while the valuation is fair with a good dividend yield. The absence of recent earnings call data limits the analysis in that area.

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

More about Tesco plc

Tesco PLC is a leading multinational retailer, primarily focused on groceries and general merchandise. It operates across various markets, offering a range of products and services to consumers.

Average Trading Volume: 18,812,840

Technical Sentiment Signal: Buy

Current Market Cap: £27.41B

See more insights into TSCO stock on TipRanks’ Stock Analysis page.

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