tiprankstipranks
Advertisement
Advertisement

MFF director Chris Mackay lifts stake with on-market share purchases

Story Highlights
  • MFF Capital’s director Chris Mackay increased his substantial shareholding through on-market purchases.
  • His acquisition of 64,037 shares signals ongoing alignment with shareholders and confidence in MFF’s strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MFF director Chris Mackay lifts stake with on-market share purchases

Meet Samuel – Your Personal Investing Prophet

MFF Capital Investments Ltd. ( (AU:MFF) ) has shared an update.

MFF Capital Investments Ltd. has reported a change in director Chris Mackay’s holdings, reflecting his direct and indirect interests in the company and related funds. Through various entities and associated parties, Mackay maintains substantial exposure to MFF’s ordinary shares as well as units in the Montaka Global Fund – Active ETF and the Montaka Global Extension Fund – Complex ETF.

The latest notice shows Mackay acquired 64,037 additional fully paid ordinary MFF shares via on-market purchases at prices between $4.495 and $4.53 per share. Following these transactions, his total holding in MFF increased to 126,748,539 shares, underscoring continued director alignment with shareholders and confidence in the company’s investment strategy.

The most recent analyst rating on (AU:MFF) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on MFF Capital Investments Ltd. stock, see the AU:MFF Stock Forecast page.

More about MFF Capital Investments Ltd.

MFF Capital Investments Limited is a listed investment company focused on managing a portfolio of global equities. The firm invests in international companies and also fully owns Montaka Global Pty Ltd, the investment manager of the Montaka Global Fund – Active ETF and the Montaka Global Extension Fund – Complex ETF, giving it an integrated funds management and investment structure.

Average Trading Volume: 335,564

Technical Sentiment Signal: Buy

Current Market Cap: A$2.72B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1