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KMD Brands Director Increases Shareholding Significantly

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KMD Brands Director Increases Shareholding Significantly

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The latest update is out from KMD Brands Limited ( (AU:KMD) ).

KMD Brands Limited has announced a significant increase in the shareholding of its non-executive director, Zion Armstrong. Armstrong acquired an additional 76,827 ordinary shares through an on-market purchase, raising his total holdings to 119,157 shares. This transaction, valued at $20,000, reflects a strategic move that could impact the company’s governance and stakeholder confidence, potentially influencing its market positioning.

The most recent analyst rating on (AU:KMD) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on KMD Brands Limited stock, see the AU:KMD Stock Forecast page.

More about KMD Brands Limited

KMD Brands Limited operates in the retail industry, focusing on outdoor and lifestyle products. The company is known for its range of clothing, footwear, and equipment designed for outdoor enthusiasts and adventure seekers, catering to a global market.

Average Trading Volume: 559,342

Technical Sentiment Signal: Sell

Current Market Cap: A$169.3M

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

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