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Cash Converters Director Peter Cumins Cuts Direct Shareholding

Story Highlights
  • Director Peter Cumins has reduced his direct stake in Cash Converters through recent on-market share sales.
  • After selling 350,000 shares, Cumins’ direct holding fell while his indirect holding remained unchanged, indicating routine portfolio adjustment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cash Converters Director Peter Cumins Cuts Direct Shareholding

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Cash Converters International Limited ( (AU:CCV) ) has issued an announcement.

Cash Converters International has disclosed a change in the shareholding of director Peter Cumins, who reduced his directly held stake via a series of on-market trades. The transactions, executed between 2 March 2026 and 5 March 2026 at prices ranging from $0.31 to $0.33 per share, saw Cumins sell a total of 350,000 ordinary shares.

Following these disposals, Cumins’ direct holding in Cash Converters decreased from 3,373,468 to 3,023,468 ordinary fully paid shares, while his indirect holding through Riolane Holdings Pty Ltd remained unchanged at 6,937,226 shares. The notice indicates the trades did not occur during a closed period, suggesting routine portfolio management rather than a compliance-related event.

The most recent analyst rating on (AU:CCV) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Cash Converters International Limited stock, see the AU:CCV Stock Forecast page.

More about Cash Converters International Limited

Cash Converters International Limited operates in the financial services and retail sector, focusing on buying and selling second-hand goods and providing small-sum credit and related financial products. The company targets value-conscious consumers seeking access to cash and affordable used merchandise through its network of stores and lending channels.

YTD Price Performance: -1.52%

Average Trading Volume: 323,567

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$230.6M

Find detailed analytics on CCV stock on TipRanks’ Stock Analysis page.

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