tiprankstipranks
Trending News
More News >

KMD Brands Director Increases Shareholding

Story Highlights
  • KMD Brands Limited is a global retailer of outdoor and sports apparel.
  • Director Philip Bowman increased his shareholding by 250,000 shares, signaling confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

KMD Brands Limited ( (AU:KMD) ) has shared an update.

KMD Brands Limited has announced a change in the shareholding of one of its directors, Philip Bowman, who increased his beneficial ownership of the company’s ordinary shares from 1,500,000 to 1,750,000 through an on-market purchase. This transaction, involving the acquisition of 250,000 shares at an average price of $0.33 per share, reflects a significant investment by a senior company figure, potentially indicating confidence in the company’s future performance and stability.

More about KMD Brands Limited

KMD Brands Limited operates in the retail industry, focusing on outdoor and sports apparel and equipment. The company is known for its range of high-quality products designed for outdoor enthusiasts and athletes, catering to a global market.

YTD Price Performance: -19.23%

Average Trading Volume: 216,130

Technical Sentiment Signal: Buy

Current Market Cap: A$225.1M

For a thorough assessment of KMD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App