Reckon Limited Director Increases Shareholding

The latest announcement is out from Reckon Limited ( (AU:RKN) ).

Reckon Limited announced a change in the director’s interest, as Samuel Allert, a director, increased his direct holding of company securities by acquiring 80,000 shares through an on-market trade. This transaction, executed at $0.4975 per share, raises Allert’s total holdings to 1,017,779 shares. This move may reflect the director’s confidence in the company’s future prospects and could influence stakeholder perceptions positively.

The most recent analyst rating on (AU:RKN) stock is a Hold with a A$0.65 price target. To see the full list of analyst forecasts on Reckon Limited stock, see the AU:RKN Stock Forecast page.

More about Reckon Limited

Reckon Limited operates in the financial technology industry, providing software solutions primarily focused on accounting and business management services. The company targets small to medium-sized enterprises, offering tools that streamline financial processes and enhance operational efficiency.

Average Trading Volume: 38,555

Technical Sentiment Signal: Sell

Current Market Cap: A$56.07M

For detailed information about RKN stock, go to TipRanks’ Stock Analysis page.