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Wickes Executives Report Family Share Transfers With Stakes Unchanged

Story Highlights
  • CEO David Wood transferred 947,404 shares to Rachel Wood with no change in his family’s overall 0.4% stake.
  • CFO Mark George moved 336,629 shares to Romy George, leaving his family’s 0.1% holding in Wickes unchanged.
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Wickes Executives Report Family Share Transfers With Stakes Unchanged

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The latest update is out from Wickes Group ( (GB:WIX) ).

Wickes Group plc reported that chief executive David Wood transferred 947,404 ordinary shares in the company to Rachel Wood for no consideration, while his and his family’s overall holding remained unchanged at 966,309 shares, or 0.4% of the issued share capital. The company also disclosed that chief financial officer Mark George moved 336,629 shares to Romy George, likewise for nil consideration, leaving his and his family’s stake steady at 336,629 shares, or 0.1% of the company, with both internal transfers notified under UK Market Abuse Regulation.

The most recent analyst rating on (GB:WIX) stock is a Hold with a £215.00 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 WIX Stock

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

The score is anchored by mixed financial performance, where strong/improving cash flow is offset by high leverage and thin profitability. Technical indicators weaken the near-term outlook, while a moderate P/E and solid dividend yield provide valuation support.

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

More about Wickes Group

Wickes Group plc is a U.K.-based home improvement retailer supplying building materials, kitchen and bathroom products, and DIY goods to trade and consumer customers. The company competes in the broader home improvement and construction supplies market, serving both professional tradespeople and household renovators across the country.

Average Trading Volume: 684,376

Technical Sentiment Signal: Buy

Current Market Cap: £459.1M

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

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