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Pinnacle Investment Management Group Limited ( (AU:PNI) ) has issued an announcement.
Pinnacle Investment Management Group Limited announced a change in the director’s interest, with Ian Macoun disposing of 3,932,092 ordinary shares through an off-market trade. This transaction, valued at approximately $76.7 million, reduces Macoun’s holdings to 14,343,985 shares, potentially impacting the company’s shareholder structure and market perception.
The most recent analyst rating on (AU:PNI) stock is a Hold with a A$14.50 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
More about Pinnacle Investment Management Group Limited
Pinnacle Investment Management Group Limited operates in the financial services industry, focusing on investment management. The company provides a range of investment products and services, catering to various market segments and investor needs.
Average Trading Volume: 948,705
Technical Sentiment Signal: Buy
Current Market Cap: A$4.16B
For an in-depth examination of PNI stock, go to TipRanks’ Overview page.