AFIC Director David Peever Increases Shareholding via Super Fund Purchase

Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an update.

Australian Foundation Investment Company Limited has lodged a Change of Director’s Interest Notice with the ASX detailing an update to director David Andrew Peever’s holdings in the company. The filing discloses that Peever, through his superannuation-related entity Super Storm Pty Ltd , acquired 8,000 additional ordinary shares at $7.15 per share on 23 January 2026, lifting his direct and indirect interest in the company and signalling continued alignment of board and shareholder interests.

The most recent analyst rating on (AU:AFI) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Australian Foundation Investment Co. Ltd. stock, see the AU:AFI Stock Forecast page.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited is a listed Australian investment company focused on building a diversified portfolio of primarily Australian equities for long-term investors. It provides shareholders with exposure to a broad range of companies through a professionally managed, long-term, value-oriented investment strategy within the Australian securities market.

Average Trading Volume: 418,476

Technical Sentiment Signal: Buy

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