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Magnora ASA Executives Increase Shareholdings, Signaling Confidence in Growth

Story Highlights
  • Magnora ASA is a renewable-energy group focusing on wind, solar, and battery projects.
  • Executives exercised share options, boosting confidence in Magnora’s growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Magnora ASA Executives Increase Shareholdings, Signaling Confidence in Growth

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Magnora ASA ( (SVMRF) ) has shared an announcement.

Several key executives at Magnora ASA, including board member Hilde Ådland and Head Advisor Haakon Alfstad, have exercised their share options, increasing their shareholdings in the company. This move reflects confidence in Magnora’s strategic direction and potential growth in the renewable energy sector, as the company continues to expand its operations across Europe and Africa.

The most recent analyst rating on (SVMRF) stock is a Buy with a NOK35.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.

More about Magnora ASA

Magnora ASA is a renewable-energy group focused on developing wind, solar, and battery storage projects. The company operates in Europe and Africa through various portfolio companies, including Hafslund Magnora Sol AS and Magnora Offshore Wind AS, and is listed on the Oslo Stock Exchange under the ticker MGN.

Average Trading Volume: 121,298

Current Market Cap: NOK1.51B

For a thorough assessment of SVMRF stock, go to TipRanks’ Stock Analysis page.

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