tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Insignia Financial’s Substantial Holder Increases Stake

Story Highlights
Insignia Financial’s Substantial Holder Increases Stake

Elevate Your Investing Strategy:

Insignia Financial Ltd ( (AU:IFL) ) just unveiled an announcement.

Insignia Financial Ltd has experienced a change in the interests of its substantial holder, Australian Retirement Trust Pty Ltd. The voting power of the substantial holder has increased from 10.404% to 11.443%, indicating a significant rise in their stake in the company. This change in voting power could potentially impact the company’s decision-making processes and influence its strategic direction.

The most recent analyst rating on (AU:IFL) stock is a Sell with a A$2.21 price target. To see the full list of analyst forecasts on Insignia Financial Ltd stock, see the AU:IFL Stock Forecast page.

More about Insignia Financial Ltd

Average Trading Volume: 2,174,358

Technical Sentiment Signal: Buy

Current Market Cap: A$2.36B

For a thorough assessment of IFL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1