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Wickes CEO Exercises Share Options, Retains Shares

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Wickes CEO Exercises Share Options, Retains Shares

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Wickes Group ( (GB:WIX) ) has issued an update.

Wickes Group Plc announced that its CEO, David Wood, has exercised options over 17,307 ordinary shares under the company’s Savings Related Share Option Scheme. These options, granted in October 2022 with an exercise price of £1.04, vested on 1 December 2025. The shares have been retained by Mr. Wood, reflecting confidence in the company’s future performance and potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (GB:WIX) stock is a Hold with a £253.00 price target. To see the full list of analyst forecasts on Wickes Group stock, see the GB:WIX Stock Forecast page.

Spark’s Take on GB:WIX Stock

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

The overall stock score of 65 reflects moderate financial health with strong cash flow generation but challenges in revenue growth and high leverage. The technical analysis indicates strong bullish momentum, which is a positive factor. However, the valuation suggests the stock may be slightly overvalued, which tempers the overall score.

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

More about Wickes Group

Wickes Group Plc operates in the home improvement retail industry, offering a range of products and services for home renovation and DIY projects. The company focuses on providing value and convenience to customers in the UK market.

Average Trading Volume: 545,800

Technical Sentiment Signal: Buy

Current Market Cap: £517.1M

Find detailed analytics on WIX stock on TipRanks’ Stock Analysis page.

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