Harmoney Corp Announces Change in Substantial Holding

An update from Harmoney Corp Ltd ( (AU:HMY) ) is now available.

Harmoney Corp Ltd announced a change in substantial holding as Neil Roberts, a significant shareholder, sold 3.6 million shares, reducing his stake from 18.6% to 15% of the company’s issued shares. This sale represents a 3.5% decrease in Roberts’ holding, impacting the company’s shareholder structure. The announcement highlights the dynamic nature of Harmoney’s shareholder base and may influence investor perceptions and market positioning.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$0.92 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

More about Harmoney Corp Ltd

Harmoney Corp Ltd is a 100% consumer-direct personal lender operating in Australia and New Zealand, offering personal loans through its proprietary digital lending platform, Stellare®. The platform uses machine learning for automated credit decisioning and risk-based pricing, allowing for fast and efficient loan processing. Harmoney’s business model is supported by a diversified funding panel and a team of professionals predominantly based in Auckland, New Zealand.

Average Trading Volume: 41,118

Technical Sentiment Signal: Buy

Current Market Cap: A$59.65M

For an in-depth examination of HMY stock, go to TipRanks’ Stock Analysis page.