---
title: "Playtech Chairman Increases Stake with £193,000 Share Purchase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286561675.md"
description: "Playtech's non-executive chairman, John Gleasure, increased his stake by purchasing 57,000 shares at £3.40 each, totaling approximately £193,667. This move, seen as a sign of confidence in the company's future, comes amid a Hold rating from analysts with a price target of £405. Despite concerns over financial performance, technical indicators suggest positive momentum for the stock."
datetime: "2026-05-15T12:02:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286561675.md)
  - [en](https://longbridge.com/en/news/286561675.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286561675.md)
---

# Playtech Chairman Increases Stake with £193,000 Share Purchase

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An update from Playtech ( (GB:PTEC) ) is now available.

Playtech plc disclosed that its non-executive chairman, John Gleasure, purchased 57,000 ordinary shares in the company on 13 May 2026 at a price of £3.397673 per share on the London Stock Exchange’s main market. The transaction, worth approximately £193,667, was announced under the UK Market Abuse Regulation and may be viewed by investors as a sign of board-level confidence in Playtech’s prospects and alignment with shareholder interests.

The most recent analyst rating on (GB:PTEC) stock is a Hold with a £405.00 price target. To see the full list of analyst forecasts on Playtech stock, see the GB:PTEC Stock Forecast page.

**Spark’s Take on PTEC Stock**

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

The score is held back primarily by uneven financial performance and earnings-quality/stability concerns despite generally positive cash generation. Offsetting this, technical signals are supportive with the stock trading above key moving averages and positive momentum indicators, and valuation looks inexpensive based on the very low P/E.

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

**More about Playtech**

Playtech plc is a leading global B2B technology provider to the online betting and gaming industry, founded in 1999 and listed on the Main Market of the London Stock Exchange. The company offers a full proprietary, end-to-end turnkey solution, including its PAM+ platform, content and services, across key verticals such as casino, live casino, sports betting, bingo and poker in over 50 regulated and regulating jurisdictions.

**Average Trading Volume:** 1,515,522

**Technical Sentiment Signal:** Buy

**Current Market Cap:** £1.01B

Learn more about PTEC stock on TipRanks’ Stock Analysis page.

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