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Infotrust Director Lifts Indirect Stake with Series of On-Market Share Buys

Story Highlights
  • Infotrust director Shan Shamsher Kanji increased his indirect shareholding through on-market purchases in May 2026.
  • The acquisitions, totaling over 1.6 million shares and about A$667,000, raised his stake to 76.24 million shares with no disposals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infotrust Director Lifts Indirect Stake with Series of On-Market Share Buys

Meet Samuel – Your Personal Investing Prophet

Spirit Technology Solutions Ltd. ( (AU:ITS) ) has shared an update.

Infotrust Ltd has disclosed a change in the relevant interests of director Shan Shamsher Kanji, whose indirect holding in the company increased through on-market share purchases executed over three consecutive days in May 2026. Via 263 Finance Pty Ltd, an entity connected to a trust in which he is a potential beneficiary, Kanji acquired more than 1.6 million fully paid ordinary shares for a total consideration of approximately A$667,000, lifting his indirect stake to 76.24 million shares and signaling continued insider confidence in the company’s equity without any related disposals or contract changes.

The most recent analyst rating on (AU:ITS) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Spirit Technology Solutions Ltd. stock, see the AU:ITS Stock Forecast page.

More about Spirit Technology Solutions Ltd.

Infotrust Ltd is an Australian-listed company, identified by ABN 73 089 224 402. The company’s securities comprise fully paid ordinary shares traded on the ASX, with directors and associated entities actively managing significant equity positions.

Average Trading Volume: 51,324

Technical Sentiment Signal: Sell

Current Market Cap: A$78.34M

For an in-depth examination of ITS stock, go to TipRanks’ Overview page.

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