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Cedar Woods Managing Director Sells Shares for Personal Reasons

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Cedar Woods Managing Director Sells Shares for Personal Reasons

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Cedar Woods Properties Limited ( (AU:CWP) ) has provided an announcement.

Cedar Woods Properties Limited announced that its Managing Director, Nathan Blackburne, has sold 112,282 ordinary shares in the company for personal financial reasons. Despite the sale, Mr. Blackburne retains 378,213 shares and has no current plans to sell additional shares. This transaction is not expected to significantly impact the company’s operations or market positioning.

The most recent analyst rating on (AU:CWP) stock is a Buy with a A$9.35 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.

More about Cedar Woods Properties Limited

Cedar Woods Properties Limited is a property development company listed on the Australian Securities Exchange (ASX:CWP). The company is involved in the development of residential communities, commercial properties, and retail projects, primarily focusing on the Australian market.

Average Trading Volume: 268,401

Technical Sentiment Signal: Buy

Current Market Cap: A$768.2M

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

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