Farm Pride director Malcolm Ward marginally increases indirect shareholding

The latest update is out from Farm Pride Foods Limited ( (AU:FRM) ).

Farm Pride Foods has disclosed a minor change in director Malcolm Ward’s indirect shareholding following an off-market transfer. Ward, whose interests are held through Oakmeadow Pty Ltd and Palmgate Holdings Pty Ltd, acquired 1,584 fully paid ordinary shares at $0.20 per share.

The transaction lifts Ward’s indirect holding from 6,426,179 to 6,427,763 shares, indicating a slight increase in his stake in the company. The trade was not conducted during a closed period, and there were no associated changes in any contracts related to the director’s interests.

The most recent analyst rating on (AU:FRM) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Farm Pride Foods Limited stock, see the AU:FRM Stock Forecast page.

More about Farm Pride Foods Limited

Farm Pride Foods Ltd is an Australian food producer operating in the agribusiness sector, focused on the production and sale of egg and egg-related products. The company supplies fully paid ordinary shares listed on the ASX, catering to investors seeking exposure to the domestic food and agriculture industry.

Average Trading Volume: 1,057,601

Technical Sentiment Signal: Hold

Current Market Cap: A$55.39M

For an in-depth examination of FRM stock, go to TipRanks’ Overview page.