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Macquarie Group Announces Director’s Change in Investment Holdings

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Macquarie Group Announces Director’s Change in Investment Holdings

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Macquarie Group Limited ( (AU:MQG) ) has provided an update.

Macquarie Group Limited has announced a change in the director’s interest notice concerning Philip M Coffey. The notice details the sale of units from the Walter Scott Global Equity Fund (WSGEF) held by the Coffey Family Foundation and the Coffey Family Super Fund. This change reflects a reduction in the number of WSGEF units held by these entities, indicating a strategic adjustment in the director’s investment portfolio. The redemption of units could have implications for the company’s financial positioning and stakeholder interests.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

More about Macquarie Group Limited

Macquarie Group Limited is a global financial services company that provides a diverse range of services including asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities. It operates in various markets worldwide, focusing on delivering innovative financial solutions to clients.

YTD Price Performance: -5.18%

Average Trading Volume: 923,759

Technical Sentiment Signal: Buy

Current Market Cap: A$75.4B

See more insights into MQG stock on TipRanks’ Stock Analysis page.

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