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Spirit Technology Solutions Ltd. ( (AU:ITS) ) has issued an update.
Infotrust Ltd has disclosed a small increase in the indirect shareholding of director Shan Shamsher Kanji, following a series of on-market purchases executed through 263 Finance Pty. Limited in late March 2026. The transactions lifted Kanji’s indirect interest from 74,579,796 to 74,599,276 fully paid ordinary shares, signalling a modest vote of confidence in the company while complying with ASX director interest reporting requirements.
The purchases, made over four trading days with a combined cash outlay of just under $9,000, were conducted outside any closed trading period, meaning no special clearance was required. While the scale of the trades is limited relative to Kanji’s existing stake, the additional buying underlines ongoing insider support and maintains transparency for shareholders monitoring director dealings.
The most recent analyst rating on (AU:ITS) stock is a Hold with a A$0.44 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. It operates in the technology and information services space, with its securities traded on the ASX and governed by Australian corporate disclosure rules.
Average Trading Volume: 26,600
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$89.38M
For detailed information about ITS stock, go to TipRanks’ Stock Analysis page.