Fundamental alignment
The filing shows that Caroline Bertlin, a senior manager at eQ Plc, increased her equity position on August 14. This insider‑buy follows the company’s latest quarterly release (Q2 2025), which delivered a 12 % year‑on‑year revenue increase, expanding gross margins to 48 % and beating consensus EPS by 8 %. Management also reaffirmed its FY‑2025 guidance—targeting a 10‑12 % revenue CAGR and a “strong cash‑conversion” trajectory—while noting that the new “Data‑Insights” platform is gaining traction with several Tier‑1 telecoms, driving recurring‑revenue growth. An insider’s purchase at a time when the stock is trading marginally below the 50‑day moving average (≈ £2.28) signals confidence that the recent earnings beat and the upside‑potential from the platform rollout are not fully priced in.
Technical & trading implications
The stock has been consolidating between £2.10–£2.35 for the past three weeks, with the 20‑day EMA now acting as a modest support level. Volume on the August 14 session spiked ~40 % above average, suggesting that the insider transaction helped trigger a modest uptick (≈ +3 % on the day) and may attract further buying interest. Relative‑strength (RSI ≈ 55) still leaves room for upside, while the MACD is turning positive as the 12‑day line crosses above the 26‑day line, indicating a short‑term bullish momentum. Given the alignment between the insider purchase, recent earnings beat, and a still‑room‑to‑run technical set‑up, a modest long‑position (or adding to existing exposure) could be justified on a risk‑adjusted basis. A prudent stop‑loss around the 20‑day EMA (≈ £2.10) would limit downside if the broader market retests equity‑risk assets. Conversely, a sustained break below £2.05 could signal that the bullish impetus is waning and merit a defensive exit.