Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
GenusPlus Group Ltd. ( (AU:GNP) ) has provided an update.
GenusPlus Group has disclosed a change in the indirect shareholding of director David William Riches following an on-market trade. Riches, through a unit trust jointly held with Matthew Steven Riches, disposed of 1,050,000 fully paid ordinary shares on 6 March 2026 for consideration of about $8.0 million.
After the transaction, Riches’ direct holding in GenusPlus remains unchanged at 78,922,947 shares, while his indirect holding via the jointly held account decreased to 11,766,652 shares, alongside a separate unchanged indirect holding of 1,861,000 shares through Dave Riches Pty Ltd. The trade was conducted outside a closed period, indicating routine portfolio adjustment rather than a clearance-sensitive transaction.
The most recent analyst rating on (AU:GNP) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.
More about GenusPlus Group Ltd.
GenusPlus Group Ltd is an Australian company listed on the ASX, operating in the utilities and infrastructure services sector. It is involved in providing specialised services that support electricity and related infrastructure networks, positioning the company within the broader energy and infrastructure market.
Average Trading Volume: 282,054
Technical Sentiment Signal: Buy
Current Market Cap: A$1.38B
For an in-depth examination of GNP stock, go to TipRanks’ Overview page.