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James Hardie ( (AU:JHX) ) has issued an announcement.
James Hardie Industries has announced a change in the director’s interest, specifically involving Jesse Singh. The notice details the acquisition and disposal of ordinary shares held directly and indirectly through various trusts associated with Singh. This change reflects a significant financial transaction valued at approximately USD $7.24 million, potentially impacting the company’s stock ownership structure and signaling strategic financial management by its leadership.
The most recent analyst rating on (AU:JHX) stock is a Buy with a A$35.50 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.
More about James Hardie
James Hardie Industries plc operates in the building materials industry, specializing in the production of fiber cement products. The company focuses on providing durable and sustainable building solutions, primarily serving the residential and commercial construction markets.
YTD Price Performance: -40.64%
Average Trading Volume: 4,207,465
Technical Sentiment Signal: Sell
Current Market Cap: A$17.21B
For an in-depth examination of JHX stock, go to TipRanks’ Overview page.