FINEOS Director Michael Kelly Increases Indirect Stake via On-Market CDI Purchase

FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh ( (AU:FCL) ) has issued an update.

FINEOS has disclosed a change in the interests of director Michael Kelly, who holds both direct and indirect positions in the company’s Chess Depositary Interests. Kelly’s indirect holding, via his 50% interest in Jacquel Investments Limited, increased through an on-market purchase of 169,492 CDIs at a price of $2.3646 per security.

Following the transaction, Kelly’s direct holding remains at 1,917,925 CDIs, while his indirect holding has risen to 172,251,846 CDIs, further consolidating his significant economic stake in FINEOS. The trade did not occur during a closed period, indicating routine portfolio management rather than a time-sensitive or exceptional transaction.

The most recent analyst rating on (AU:FCL) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh stock, see the AU:FCL Stock Forecast page.

More about FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh

FINEOS Corporation Holdings PLC operates in the financial technology and insurance software sector, providing core systems and related solutions to insurers and other financial services institutions. Its products are typically delivered via digital and cloud-based platforms, supporting claims, policy administration, and customer engagement functions for insurance markets.

Average Trading Volume: 223,391

Technical Sentiment Signal: Sell

Current Market Cap: A$765.5M

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