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Gentrack Group Ltd ( (AU:GTK) ) has issued an announcement.
Gentrack Group Ltd has seen a change in the substantial holding of its ordinary shares, as Milford Asset Management Limited has reduced its stake from 9.761% to 7.890%. This change was primarily due to on-market sales totaling 2,015,574 units, amounting to a total consideration of $24,369,447.31 NZD. The reduction in Milford’s holding could impact Gentrack’s market perception and shareholder dynamics.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$12.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.
More about Gentrack Group Ltd
Average Trading Volume: 205,687
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.18B
Learn more about GTK stock on TipRanks’ Stock Analysis page.