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Iress Director Michael Dwyer Increases Shareholding via On-Market Purchase

Story Highlights
  • Iress director Michael Dwyer has increased his stake by acquiring 5,370 shares on-market.
  • The purchase boosts his direct and indirect holdings, signaling confidence and aligning interests with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iress Director Michael Dwyer Increases Shareholding via On-Market Purchase

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IRESS Limited ( (AU:IRE) ) has provided an announcement.

Iress Limited has disclosed a change in the interests of director Michael John Dwyer, who has increased his holding in the company through an on-market purchase. Dwyer acquired 5,370 ordinary shares at $7.48 per share via his entity MJD Advisory Pty Ltd, adding to his existing direct holding and resulting in a new indirect interest in Iress shares, a move that modestly lifts director alignment with shareholders.

Following the transaction, Dwyer now holds 14,609 ordinary shares directly and 5,370 ordinary shares indirectly, with no shares disposed and no related changes in contractual interests reported. The update, lodged under ASX disclosure rules, reflects routine governance transparency around director dealings and may be viewed by investors as a signal of confidence in the company’s prospects.

The most recent analyst rating on (AU:IRE) stock is a Buy with a A$11.52 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

More about IRESS Limited

Iress Limited is an Australian-listed technology company that provides software and services to the financial services sector. Its platforms support activities such as trading, market data, wealth management, and financial advice, serving institutions and professionals across capital markets and related industries.

Average Trading Volume: 837,372

Technical Sentiment Signal: Sell

Current Market Cap: A$1.38B

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

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