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Elders Limited ( (AU:ELD) ) has provided an update.
Elders Limited has disclosed a change in director Glenn Davis’s relevant interests in the company’s securities, reflecting an increase in his indirect shareholding. The update, lodged with the ASX, shows that Davis’s holding through Jalacase Investments Pty Ltd rose from 11,000 to 26,000 ordinary fully paid shares via a series of on-market purchases, signaling a higher personal financial stake in the business.
The additional shares were acquired on 6 and 9 February 2026 in three separate transactions, with total consideration exceeding $100,000. While the notice is primarily procedural, the increased investment by a sitting director may be interpreted by some investors as a vote of confidence in Elders’ outlook and alignment of board interests with those of shareholders.
The most recent analyst rating on (AU:ELD) stock is a Buy with a A$8.08 price target. To see the full list of analyst forecasts on Elders Limited stock, see the AU:ELD Stock Forecast page.
More about Elders Limited
Elders Limited is an Australian agribusiness company that provides products and services to rural and regional customers, including livestock, real estate, wool, grain, and farm supplies. The company focuses on supporting primary producers through integrated agricultural services and operates across key farming regions in Australia.
YTD Price Performance: -0.73%
Average Trading Volume: 734,193
Technical Sentiment Signal: Sell
Current Market Cap: A$1.46B
For a thorough assessment of ELD stock, go to TipRanks’ Stock Analysis page.