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Magellan Financial Group Ltd ( (AU:MFG) ) has issued an announcement.
Magellan Financial Group director Deborah Page has increased her direct and indirect holding in the company through participation in a share purchase plan. She acquired 622 additional ordinary fully paid shares in Magellan at $8.45 per share, lifting her total holding to 6,822 company shares alongside existing units in various Magellan funds.
The transaction, executed on 1 April 2026 and disclosed to the ASX, signals continued alignment of the director’s interests with those of shareholders. The purchase was conducted outside a closed period and did not involve any change to her interests in contracts, suggesting a straightforward capital deployment into Magellan equity rather than any restructuring of related financial arrangements.
The most recent analyst rating on (AU:MFG) stock is a Hold with a A$9.90 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is an Australian-listed investment management company focused on global equities and infrastructure strategies. Its products include the Magellan Global Fund, Magellan Infrastructure Fund, and listed securities on the ASX such as Magellan Financial Group shares and Magellan Global Fund units, targeting investors seeking active global asset management.
Average Trading Volume: 1,048,227
Technical Sentiment Signal: Hold
Current Market Cap: A$1.84B
Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.