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The latest announcement is out from Jumbo Interactive Limited ( (AU:JIN) ).
Jumbo Interactive Limited has disclosed a change in the indirect shareholding of its chief executive and director, Mike Veverka, through an on-market purchase by Vesteon Pty Ltd, an entity of which he is a director and shareholder. Vesteon acquired 8,711 fully paid ordinary shares at $11.1292 per share, lifting its holding to 6,507,422 shares and marginally increasing Veverka’s overall economic interest in Jumbo, a move that may be read by investors as a signal of confidence in the company’s prospects while leaving his performance rights and options positions unchanged.
The most recent analyst rating on (AU:JIN) stock is a Buy with a A$16.80 price target. To see the full list of analyst forecasts on Jumbo Interactive Limited stock, see the AU:JIN Stock Forecast page.
More about Jumbo Interactive Limited
Jumbo Interactive Limited is an Australian-listed company that operates in the digital lottery and online gaming sector, providing technology-driven lottery services and platforms. The company focuses on selling lottery tickets and related products via online channels, serving both retail customers and business partners in regulated markets.
Average Trading Volume: 293,800
Technical Sentiment Signal: Sell
Current Market Cap: A$704M
Find detailed analytics on JIN stock on TipRanks’ Stock Analysis page.