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Fisher Funds Acquires Substantial Stake in PWR Holdings

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Fisher Funds Acquires Substantial Stake in PWR Holdings

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PWR Holdings ( (AU:PWH) ) has shared an announcement.

PWR Holdings Limited has announced that Fisher Funds Management Limited has acquired a substantial holding in the company, now owning 5.980% of its ordinary shares. This acquisition, involving on-market purchases totaling $8,088,045, indicates a significant investment by Fisher Funds, potentially impacting PWR Holdings’ market dynamics and stakeholder interests.

The most recent analyst rating on (AU:PWH) stock is a Hold with a A$10.97 price target. To see the full list of analyst forecasts on PWR Holdings stock, see the AU:PWH Stock Forecast page.

More about PWR Holdings

Average Trading Volume: 288,513

Technical Sentiment Signal: Sell

Current Market Cap: A$689.9M

Learn more about PWH stock on TipRanks’ Stock Analysis page.

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