Ashtead Technology (AT) News Today

Ashtead Technology Holdings Plc (LON:AT) shares are trading higher on the back of upbeat analyst sentiment and significant insider buying activity. Investors are reacting to a reiterated “Buy” rating with a lofty price objective, plus multiple senior executives adding to their stakes, underpinning confidence in the company’s outlook.

• Positive Sentiment: Berenberg Bank restated its “Buy” rating on Ashtead Technology (LON:AT) and set a GBX 700 price objective this week, reinforcing bullish analyst views. Ashtead Technology's (AT) "Buy" Rating Reiterated at Berenberg Bank
• Positive Sentiment: Chief Financial Officer Jean Cahuzac purchased 8,600 shares at an average price of GBX 379, spending approximately £32,594 on August 26th. Insider Buying: Ashtead Technology (LON:AT) Insider Buys 8,600 Shares of Stock
• Positive Sentiment: Non-Executive Director William (Bill) Mervyn FrewCarey Shannon acquired 30,000 shares at GBX 385 each, investing about £115,500 on August 26th. Ashtead Technology (LON:AT) Insider William(Bill) Mervyn FrewCarey Shannon Acquires 30,000 Shares
• Positive Sentiment: Other insiders boosted their holdings as well: Thomas Thomsen bought 2,910 shares at GBX 369 and Kristin Færøvik added 4,716 shares at GBX 359 on August 26th. Ashtead Technology (LON:AT) Insider Thomas Thomsen Purchases 2,910 Shares Ashtead Technology (LON:AT) Insider Kristin Færøvik Purchases 4,716 Shares
• Positive Sentiment: Ashtead’s chairman also raised his stake, signaling board-level conviction in the company’s growth prospects. Director dealings: Ashtead Technology chairman raises stake
• Neutral Sentiment: The company reported Q2 results with EPS of GBX 21.90, a net margin of 17.37% and ROE of 23.56%, in line with expectations. Ashtead Technology (LON:AT) Issues Earnings Results