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Farm Pride Foods Director Increases Stake with New Share Acquisition

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Farm Pride Foods Director Increases Stake with New Share Acquisition

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Farm Pride Foods Limited ( (AU:FRM) ) has shared an announcement.

Farm Pride Foods Limited announced a change in the director’s interest, with George Palatianos acquiring an additional 35,124 ordinary shares through Bait of Brets Pty Ltd. This transaction, valued at $11,590.92, reflects a strategic move to increase his stake in the company, potentially signaling confidence in Farm Pride Foods’ future performance and stability. The acquisition was conducted through an on-market purchase, indicating a transparent and open approach to the transaction.

The most recent analyst rating on (AU:FRM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Farm Pride Foods Limited stock, see the AU:FRM Stock Forecast page.

More about Farm Pride Foods Limited

Farm Pride Foods Limited operates in the food industry, focusing on the production and distribution of egg and egg-related products. The company serves a variety of markets, including retail and food service sectors, providing high-quality products to meet consumer demands.

Average Trading Volume: 39,916

Technical Sentiment Signal: Buy

Current Market Cap: A$79.62M

See more data about FRM stock on TipRanks’ Stock Analysis page.

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