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MA Financial Group Limited ( (AU:MAF) ) has provided an update.
MA Financial Group Limited announced that Andrew Pridham, through a trust he controls, sold 580,701 shares to meet contractual obligations. Despite the sale, Pridham maintains a significant stake in the company, holding 96.5% of his previous shares. This move is in response to increased investor demand for liquidity following the company’s HY25 results, and Pridham remains committed to his long-term investment in MA Financial and its managed funds.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.23 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
More about MA Financial Group Limited
MA Financial Group Limited operates in the financial services industry, offering investment banking, asset management, and lending services. The company focuses on providing financial solutions and investment opportunities to a diverse range of clients.
Average Trading Volume: 281,484
Technical Sentiment Signal: Buy
Current Market Cap: A$1.81B
For an in-depth examination of MAF stock, go to TipRanks’ Overview page.