Goodman Director Mark Johnson Increases Indirect Stake via On-Market Purchase

Goodman Group ( (AU:GMG) ) just unveiled an announcement.

Goodman Group has disclosed a change in director Mark Johnson’s indirect interest in the company’s stapled securities. The filing details that Johnson, through investment and superannuation structures in which he holds a beneficial interest, acquired additional Goodman stapled securities via an on-market trade.

Following this transaction, Johnson’s indirect holding in Goodman securities increased by 2,000 stapled securities held for his super fund. The acquisition, valued at approximately $56,739.55, modestly lifts his overall indirect exposure to Goodman Group, signalling continued personal investment alignment with the company’s performance.

The most recent analyst rating on (AU:GMG) stock is a Buy with a A$41.50 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.

More about Goodman Group

Goodman Group is a global industrial property group listed on the ASX under ticker GMG. The group operates through Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, focusing on owning, developing and managing industrial and logistics real estate for institutional and corporate customers.

Average Trading Volume: 3,316,428

Technical Sentiment Signal: Hold

Current Market Cap: A$58.26B

For detailed information about GMG stock, go to TipRanks’ Stock Analysis page.