Commonwealth Bank of Australia Announces Director’s Share Acquisition

An announcement from Commonwealth Bank of Australia ( (AU:CBA) ) is now available.

The Commonwealth Bank of Australia has announced a change in the director’s interest, specifically involving Julie Birgitte Galbo. The change involves an acquisition of 105 fully paid ordinary shares through an on-market trade, increasing her indirect holdings via Saxo Bank. This adjustment in shareholding reflects ongoing management and investment strategies within the company, potentially impacting stakeholder perceptions and market confidence.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$95.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia is a major financial institution in the banking industry, offering a range of financial services and products. It focuses on providing banking solutions to individuals, businesses, and corporations, maintaining a strong presence in the Australian market.

Average Trading Volume: 2,488,140

Technical Sentiment Signal: Buy

Current Market Cap: A$286.5B

See more insights into CBA stock on TipRanks’ Stock Analysis page.