Dicker Data Director Increases Shareholding

The latest update is out from Dicker Data Limited ( (AU:DDR) ).

Dicker Data Limited announced a change in the director’s interest, with Vladimir Mitnovetski acquiring an additional 20,000 fully paid ordinary shares through an on-market purchase. This change reflects a direct increase in Mitnovetski’s holdings, bringing his total direct shares to 909,338, while his indirect holdings remain unchanged. The transaction, executed at $8.05 per share, indicates a continued confidence in the company’s performance and future prospects, potentially impacting shareholder sentiment positively.

The most recent analyst rating on (AU:DDR) stock is a Buy with a A$10.40 price target. To see the full list of analyst forecasts on Dicker Data Limited stock, see the AU:DDR Stock Forecast page.

More about Dicker Data Limited

Dicker Data Limited operates in the technology distribution industry, providing a range of IT hardware, software, and cloud solutions. The company focuses on delivering technology products and services to resellers, system integrators, and managed service providers across Australia and New Zealand.

Average Trading Volume: 335,975

Technical Sentiment Signal: Sell

Current Market Cap: A$1.47B

For an in-depth examination of DDR stock, go to TipRanks’ Stock Analysis page.