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Contango Asset Management Ltd. ( (AU:APL) ) has provided an announcement.
Associate Global Partners Limited has disclosed changes in the holdings of director Martin Francis Switzer, who maintains both direct and indirect interests in the company’s ordinary shares and in units of listed funds managed by its subsidiary. Switzer’s investment structures include controlled entities and superannuation funds through which he holds these interests.
Following an off-market trade dated 27 February 2026, Switzer acquired 4,419,445 ordinary shares for $678,333.40 and disposed of 7,194,446 ordinary shares, reducing his total direct and indirect shareholding in the company from 9,871,657 to 7,096,656 shares, while his performance rights and fund unit holdings remained unchanged. The transaction indicates a significant rebalancing of his equity exposure without altering his positions in the group’s managed funds.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
More about Contango Asset Management Ltd.
Associate Global Partners Limited is an Australian financial services group active in asset management, including listed funds. Through its subsidiaries, it manages investment vehicles such as the WCM Quality Global Growth Fund-Active ETF and the Switzer Dividend Growth Fund, targeting investors seeking professionally managed exposure to equities and income-focused strategies.
Average Trading Volume: 25,838
Technical Sentiment Signal: Buy
Current Market Cap: A$10.36M
See more insights into APL stock on TipRanks’ Stock Analysis page.