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Finder Energy Director Trims Shareholding in On-Market Trade

Story Highlights
  • Finder Energy director Frederick Wehr sold 150,000 shares on-market, raising $64,250.
  • Wehr’s indirect shareholding fell to 556,081 shares, with option positions unchanged and disclosed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Finder Energy Director Trims Shareholding in On-Market Trade

Meet Samuel – Your Personal Investing Prophet

An update from Finder Energy Holdings Limited ( (AU:FDR) ) is now available.

Finder Energy Holdings Limited has disclosed a change in director Frederick Wehr’s interests in the company’s securities, following an on-market trade. Wehr, through indirect holdings, sold 150,000 fully paid ordinary shares for total consideration of $64,250, reducing his indirect shareholding from 706,081 to 556,081 shares, while his option holdings remained unchanged. The transaction, which did not occur during a closed trading period, marginally decreases Wehr’s equity stake but leaves his longer-term incentive alignment via options intact, providing transparency to investors on board-level ownership dynamics.

The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.

More about Finder Energy Holdings Limited

Finder Energy Holdings Limited is an Australia-based energy company whose shares are listed on the ASX, giving investors exposure to the upstream energy sector through its equity and option securities.

Average Trading Volume: 900,545

Technical Sentiment Signal: Buy

Current Market Cap: A$206M

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

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