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An announcement from Fortescue Metals Group Ltd ( (AU:FMG) ) is now available.
Fortescue Ltd has disclosed a change in the interests of director Usha Rao-Monari, who increased her direct holding in the company through an on-market trade. On 26 February 2026, Rao-Monari purchased 287 ordinary shares for a total consideration of $5,977.94, lifting her stake from 585 to 872 shares.
The transaction was conducted outside any closed trading period, meaning no prior written clearance was required under the company’s share trading policy. No changes were reported in any related contracts or indirect interests, indicating this was a straightforward increase in the director’s personal equity exposure to Fortescue.
The most recent analyst rating on (AU:FMG) stock is a Hold with a A$20.60 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
More about Fortescue Metals Group Ltd
Fortescue Ltd is a major Australian iron ore producer, operating in the mining and resources sector with a focus on supplying iron ore to global steelmakers, particularly in Asia. The company is listed on the ASX and its shares are widely held by institutional and retail investors, making director share transactions closely watched by the market.
Average Trading Volume: 6,787,535
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$63.08B
Find detailed analytics on FMG stock on TipRanks’ Stock Analysis page.