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Atlas Arteria Director Increases Stake in Company

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Atlas Arteria Director Increases Stake in Company

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Atlas Arteria ( (AU:ALX) ) has shared an update.

Atlas Arteria has announced a change in the director’s interest, with Ken Daley, a director of Atlas Arteria Limited, acquiring an additional 4,000 ALX ordinary stapled securities through an on-market trade. This acquisition increases his total holdings to 24,000 securities, reflecting a strategic move that could signal confidence in the company’s future performance and potentially impact stakeholder perceptions.

The most recent analyst rating on (AU:ALX) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Atlas Arteria stock, see the AU:ALX Stock Forecast page.

More about Atlas Arteria

Atlas Arteria is a prominent player in the infrastructure sector, primarily focusing on the development and management of toll roads globally. The company operates through its various subsidiaries, including Atlas Arteria Limited and Atlas Arteria International Limited, and is known for its significant market presence in the transportation infrastructure industry.

YTD Price Performance: 12.12%

Average Trading Volume: 1,957,067

Technical Sentiment Signal: Buy

Current Market Cap: A$7.14B

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

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