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XP Power executives exercise share options and disclose dealings

Story Highlights
  • XP Power’s CEO Gavin Griggs exercised 4,015 options and sold shares to meet tax obligations.
  • Executive vice president Andy Sng exercised 1,244 options as part of XP Power’s incentive schemes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
XP Power executives exercise share options and disclose dealings

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The latest update is out from XP Power ( (GB:XPP) ).

XP Power has reported director dealings in its ordinary shares following the exercise of share options by senior executives. Chief executive Gavin Griggs exercised options over 4,015 shares at £0.01 each and sold 1,895 shares on the London Stock Exchange to cover associated tax liabilities.

Executive vice president for Asia, Andy Sng, also exercised options over 1,244 shares at £0.01 under the company’s long-term incentive and restricted share plans. The transactions, which were conducted in line with UK Market Abuse Regulation disclosure requirements, reflect ongoing use of equity-based remuneration across XP Power’s leadership team.

The most recent analyst rating on (GB:XPP) stock is a Hold with a £1400.00 price target. To see the full list of analyst forecasts on XP Power stock, see the GB:XPP Stock Forecast page.

Spark’s Take on XPP Stock

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

The score is held back primarily by weak financial performance (ongoing losses and a large TTM revenue decline), partially offset by supportive cash flow and improved leverage. Technicals are a clear positive with an established uptrend and favorable momentum indicators, while valuation remains unattractive due to negative earnings and no dividend data.

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

More about XP Power

XP Power Limited is a manufacturer of power control solutions, supplying AC-DC power supplies, DC-DC converters and high-voltage power products to industrial, healthcare and technology markets. The group is listed in London and its leadership team participates in long-term incentive and restricted share plans designed to align management interests with shareholders.

Average Trading Volume: 63,097

Technical Sentiment Signal: Hold

Current Market Cap: £348.5M

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

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