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Judo Capital Director McHutchison Acquires Stake via Family Trust

Story Highlights
  • Judo Capital director Malcolm McHutchison gained an indirect stake via a family trust.
  • He bought 54,945 Judo shares on-market, boosting director-aligned ownership slightly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Judo Capital Director McHutchison Acquires Stake via Family Trust

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Judo Capital Holdings Limited ( (AU:JDO) ).

Judo Capital Holdings Limited has disclosed a change in director Malcolm Rowland McHutchison’s relevant interest in the company’s securities. The disclosure notes that McHutchison now holds an indirect interest via a family trust structure administered through Bond Street Custodians Limited.

According to the filing, McHutchison acquired 54,945 fully paid ordinary shares in an on-market trade for consideration of about $100,528, where he previously held no such securities. The transaction slightly increases director-aligned ownership in the company, which may be viewed by some stakeholders as a signal of confidence in Judo Capital’s prospects and governance alignment.

The most recent analyst rating on (AU:JDO) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Judo Capital Holdings Limited stock, see the AU:JDO Stock Forecast page.

More about Judo Capital Holdings Limited

Judo Capital Holdings Limited is an Australian-based financial institution focused on providing banking and lending services. The company operates primarily in business banking, targeting small and medium-sized enterprises with tailored credit solutions and relationship-driven financial services.

Average Trading Volume: 4,280,231

Technical Sentiment Signal: Buy

Current Market Cap: A$2.03B

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

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