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Farm Pride Foods Director Increases Stake

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Farm Pride Foods Director Increases Stake

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Farm Pride Foods Limited ( (AU:FRM) ) has issued an update.

Farm Pride Foods Limited announced a change in the director’s interest, with George Palatianos acquiring additional shares in the company. This acquisition of 395,883 ordinary shares by Bait of Brets Pty Ltd, a company associated with Palatianos, reflects a strategic move to increase his stake in the company, potentially signaling confidence in the company’s future performance.

The most recent analyst rating on (AU:FRM) stock is a Hold with a A$0.23 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 Limited operates in the food industry, focusing primarily on the production and distribution of egg and egg-related products. The company serves a diverse market, catering to both retail and commercial sectors with a range of high-quality egg products.

Average Trading Volume: 34,026

Technical Sentiment Signal: Sell

Current Market Cap: A$49.62M

See more insights into FRM stock on TipRanks’ Stock Analysis page.

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