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An announcement from Boom Logistics Ltd ( (AU:BOL) ) is now available.
Boom Logistics director Damian Banks has increased his indirect shareholding in the company through an on‑market purchase conducted via HSBC Custody Nominees on behalf of Damisuper Pty Ltd, the trustee of his superannuation fund. The transaction, executed over 23 and 24 February 2026 for $36,317.64, lifted his indirect interest from 500,000 to 520,000 fully paid ordinary shares, signalling a modest vote of confidence in the company from within its boardroom without any associated change in contractual interests or trading during a closed period.
The most recent analyst rating on (AU:BOL) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Boom Logistics Ltd stock, see the AU:BOL Stock Forecast page.
More about Boom Logistics Ltd
Boom Logistics Limited is an Australian company operating in the industrial services sector, focused on providing lifting, logistics, and related support services to corporate and infrastructure clients. The company’s shares are listed on the ASX, and its securities are held both directly and through custodial and superannuation structures typical for Australian listed entities.
Average Trading Volume: 45,515
Technical Sentiment Signal: Buy
Current Market Cap: A$65.14M
See more data about BOL stock on TipRanks’ Stock Analysis page.