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Kogan.com ( (AU:KGN) ) has shared an announcement.
Kogan.com director David Shafer has increased his indirect shareholding in the company through an on-market trade, according to a change of director’s interest notice lodged with the ASX. Shafer, who holds his interest via Shafer Corporation Pty Ltd as trustee for the Shafer Family Trust, acquired 150,000 additional ordinary shares at $3.4719 per share.
Following the transaction, Shafer’s indirect holding rose to a total of 3,375,642 ordinary shares across related holdings, alongside 680,460 performance rights that remain unchanged. The move signals additional financial commitment by a key board member, a development often watched by investors as an indicator of director confidence in the company’s future performance.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Kogan.com stock, see the AU:KGN Stock Forecast page.
More about Kogan.com
Kogan.com Ltd is an Australian online retailer focused on consumer electronics, home appliances, and a broad range of general merchandise. The company operates a digital-first, low-cost model targeting value-conscious shoppers, leveraging its own private-label brands alongside third-party products to compete in Australia’s highly competitive e-commerce market.
Average Trading Volume: 426,393
Technical Sentiment Signal: Sell
Current Market Cap: A$308.2M
For detailed information about KGN stock, go to TipRanks’ Stock Analysis page.