Kip McGrath Director Damian Banks Increases Indirect Shareholding

Kip McGrath Education Centres Limited ( (AU:KME) ) has issued an update.

Kip McGrath Education Centres Limited has disclosed a change in director Damian Banks’ indirect interest in the company’s shares. Through HSBC Custody Nominees (Australia) Limited on behalf of Damisuper Pty Ltd, Banks acquired 350,000 additional shares via on-market trades over several days in late February and early March 2026.

Following these purchases, Banks’ indirect holding has risen from 1,500,000 to 1,850,000 shares, with the transactions valued at approximately $197,773.37. The trades did not occur during a closed period, indicating routine portfolio adjustment and signaling increased financial alignment between the director and shareholders.

The most recent analyst rating on (AU:KME) stock is a Hold with a A$0.48 price target. To see the full list of analyst forecasts on Kip McGrath Education Centres Limited stock, see the AU:KME Stock Forecast page.

More about Kip McGrath Education Centres Limited

Kip McGrath Education Centres Limited operates in the education services sector, providing tutoring and learning support through a network of centres. The company focuses on supplementary education, helping school-aged students improve core academic skills in key subjects across its markets.

Average Trading Volume: 62,396

Technical Sentiment Signal: Buy

Current Market Cap: A$32.15M

For detailed information about KME stock, go to TipRanks’ Stock Analysis page.