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Gentrack Shareholding Update: Major Stakeholders Reduce Holdings

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Gentrack Shareholding Update: Major Stakeholders Reduce Holdings

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Gentrack Group Ltd ( (AU:GTK) ) has provided an announcement.

Gentrack Group Ltd has announced that FirstCape Group Limited and Harbour Asset Management Limited have ceased to hold a substantial shareholding in the company. The disclosure reveals that both entities have reduced their holdings to below 5% through a series of on-market transactions, reflecting a decrease in their influence over Gentrack’s ordinary shares.

The most recent analyst rating on (AU:GTK) stock is a Buy with a A$11.80 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

Average Trading Volume: 249,229

Technical Sentiment Signal: Hold

Current Market Cap: A$968.5M

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

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