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Platinum Asset Management Announces Director’s Share Disposal

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Platinum Asset Management Announces Director’s Share Disposal

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The latest announcement is out from Platinum Asset Management Ltd ( (AU:PTM) ).

Platinum Asset Management Limited announced a change in the director’s interest, specifically for James Simpson, who disposed of 1,000,000 ordinary shares held through Jamplat Pty Ltd, reducing his indirect holding to 5,500,000 shares. This transaction, valued at $799,633.20, reflects a significant change in the director’s investment position, potentially impacting the company’s market perception and investor confidence.

The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.53 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:PTM Stock Forecast page.

More about Platinum Asset Management Ltd

Platinum Asset Management Limited is a financial services company based in Sydney, Australia. It specializes in asset management and investment services, focusing on providing investment solutions to a diverse range of clients.

Average Trading Volume: 2,167,103

Technical Sentiment Signal: Buy

Current Market Cap: A$447.8M

Find detailed analytics on PTM stock on TipRanks’ Stock Analysis page.

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