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LGI LTD ( (AU:LGI) ) just unveiled an update.
LGI Limited announced the partial sale of shares by three of its directors, representing approximately 5.6% of the company’s issued capital. The sales, conducted following the release of the company’s FY25 results, were approved by the LGI Chairman and are intended to enhance liquidity and provide personal asset diversification for the directors. Despite the sales, the directors remain committed shareholders and continue in their respective roles within the company.
The most recent analyst rating on (AU:LGI) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on LGI LTD stock, see the AU:LGI Stock Forecast page.
More about LGI LTD
LGI Limited is a leading company in the recovery of biogas from landfill, converting it into renewable electricity and environmental products. The company operates in the engineering and management of landfill gas infrastructure, focusing on renewable electricity generation and carbon abatement to address environmental issues at waste disposal sites.
Average Trading Volume: 72,737
Technical Sentiment Signal: Buy
Current Market Cap: A$385.4M
See more insights into LGI stock on TipRanks’ Stock Analysis page.