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The latest update is out from Gentrack Group Ltd ( (AU:GTK) ).
Gentrack Group Ltd announced that 402,660 ordinary shares were vested and issued to John Priggen, the Chief Financial Officer, as part of his remuneration under the 2023 Senior Management LTI Scheme, and 67,793 shares under the 2022 ELT LTI Scheme. To cover the tax liability triggered by these shares, 235,227 shares were sold on the market. Mr. Priggen retains 415,797 vested shares and other performance rights, indicating a significant stake in the company, which may impact his influence within the organization and its strategic decisions.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.
More about Gentrack Group Ltd
Gentrack Group Ltd is a company that has been partnering with leading utilities worldwide for over 35 years. It provides solutions to more than 60 energy and water companies, focusing on transforming utilities to meet business and sustainability targets. Gentrack collaborates with partners like Salesforce and AWS to offer g2.0, an end-to-end product-to-profit solution that uses low code/no code and composable technology to help utilities launch new propositions quickly, reduce costs, and enhance total experience.
Average Trading Volume: 271,256
Technical Sentiment Signal: Sell
Current Market Cap: A$904.5M
Find detailed analytics on GTK stock on TipRanks’ Stock Analysis page.