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Mayfield Director Simon Higgins Increases Stake With $884,671 Off-Market Share Purchase

Story Highlights
  • Director Simon Higgins has indirectly acquired 631,907 Mayfield shares for $884,671 off-market.
  • The sizeable new holding boosts Higgins’ stake, signaling confidence without detailing strategic changes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mayfield Director Simon Higgins Increases Stake With $884,671 Off-Market Share Purchase

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Mayfield Group Holdings Limited ( (AU:MYG) ) has shared an announcement.

Mayfield Group Holdings Limited has disclosed a change in director Simon Higgins’ interests, with Higgins, via the Higgins Investment Trust, acquiring 631,907 ordinary fully paid shares in the company for a total consideration of $884,671 through an off-market purchase. The transaction, which leaves Higgins with 631,907 shares and involved no disposals or related contracts, signals a significant increase in his indirect stake in the company, a move that may be interpreted by investors as a vote of confidence in Mayfield Group’s prospects and governance, though no further operational or strategic implications were outlined in the notice.

The most recent analyst rating on (AU:MYG) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Mayfield Group Holdings Limited stock, see the AU:MYG Stock Forecast page.

More about Mayfield Group Holdings Limited

Mayfield Group Holdings Limited is an Australian-listed company; the filing does not specify its industry, products or services, or market focus.

Average Trading Volume: 356,621

Technical Sentiment Signal: Buy

Current Market Cap: A$308.7M

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

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