Qantas director Nora Scheinkestel increases indirect shareholding

Qantas Airways Limited ( (AU:QAN) ) has issued an announcement.

Qantas Airways Limited has disclosed a change in the interests of non-executive director Dr Nora Lia Scheinkestel, in line with Australian Securities Exchange listing rules. The notification reflects her indirect shareholding through a superannuation vehicle.

Dr Scheinkestel’s superannuation fund acquired 5,015 Qantas ordinary shares via an on-market trade at $9.86 per share, increasing its holding to 57,882 shares, while her direct holding remains at 9,058 shares. The transaction did not occur during a closed trading period, suggesting routine portfolio management rather than a time-sensitive strategic move, but it modestly increases board-aligned equity exposure in the airline.

The most recent analyst rating on (AU:QAN) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Qantas Airways Limited stock, see the AU:QAN Stock Forecast page.

More about Qantas Airways Limited

Qantas Airways Limited is Australia’s flagship airline group, operating domestic and international passenger and cargo services. The company serves both consumer and corporate markets and is a key player in the Asia-Pacific aviation sector, with its shares listed on the Australian Securities Exchange.

Average Trading Volume: 4,549,763

Technical Sentiment Signal: Buy

Current Market Cap: A$13.51B

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