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Adrad Director Gary Washington Increases Indirect Shareholding

Story Highlights
  • Director Gary Washington has modestly increased his indirect shareholding in Adrad Holdings.
  • An on-market purchase of 34,673 shares lifts one account to 190,458 shares, with trust holdings unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adrad Director Gary Washington Increases Indirect Shareholding

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The latest announcement is out from Adrad Holdings Limited ( (AU:AHL) ).

Adrad Holdings Limited has disclosed a change in the equity interests of director Gary Washington, who holds his stake indirectly via the Gary Washington Family Trust and a superannuation account. The filing shows that Washington acquired an additional 34,673 fully paid ordinary shares on market for $36,025.16, increasing his holding in one account to 190,458 shares while leaving his 49,320,114-share trust holding unchanged, signaling a modest vote of confidence in the company by a key insider without altering control dynamics.

The most recent analyst rating on (AU:AHL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Adrad Holdings Limited stock, see the AU:AHL Stock Forecast page.

More about Adrad Holdings Limited

Average Trading Volume: 32,494

Technical Sentiment Signal: Buy

Current Market Cap: A$82.54M

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

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