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Teaminvest Director Increases Stake with Share Acquisition

Story Highlights
  • Teaminvest Private Group Ltd operates in financial services, offering investment management.
  • Director Regan Passlow acquired 4,700 shares, indicating confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teaminvest Director Increases Stake with Share Acquisition

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Teaminvest Private Group Ltd ( (AU:TIP) ) just unveiled an update.

Teaminvest Private Group Ltd announced a change in the director’s interest, with Regan Passlow acquiring 4,700 fully paid ordinary shares through Passlow Super Pty Ltd. This acquisition, conducted via an on-market trade, reflects a strategic move by the director to increase his stake in the company, potentially indicating confidence in the company’s future performance. The transaction might have implications for stakeholders, as it could signal the director’s positive outlook on the company’s operations and market positioning.

The most recent analyst rating on (AU:TIP) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Teaminvest Private Group Ltd stock, see the AU:TIP Stock Forecast page.

More about Teaminvest Private Group Ltd

Teaminvest Private Group Ltd operates in the financial services industry, focusing on investment management and advisory services. The company is involved in providing financial solutions and investment opportunities to its clients, leveraging its expertise in managing diverse portfolios.

Average Trading Volume: 13,946

Technical Sentiment Signal: Buy

Current Market Cap: A$50.24M

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

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