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Select Harvests Director Increases Shareholding

Story Highlights
  • Select Harvests operates in the almond industry, serving domestic and international markets.
  • Director Michelle Somerville acquired 20,045 shares, signaling confidence in the company’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Select Harvests Director Increases Shareholding

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Select Harvests ( (AU:SHV) ) just unveiled an announcement.

Select Harvests Limited announced a change in the director’s interest, with Michelle Somerville acquiring an additional 20,045 fully paid ordinary shares through an on-market purchase, increasing her total holdings to 27,169 shares. This move may indicate confidence in the company’s future prospects and could impact stakeholder perceptions positively, reflecting a potential strengthening of the company’s market position.

The most recent analyst rating on (AU:SHV) stock is a Buy with a A$4.40 price target. To see the full list of analyst forecasts on Select Harvests stock, see the AU:SHV Stock Forecast page.

More about Select Harvests

Select Harvests Limited operates in the agribusiness sector, primarily focusing on the production and marketing of almonds. The company is a significant player in the Australian almond industry, catering to both domestic and international markets.

Average Trading Volume: 434,113

Technical Sentiment Signal: Hold

Current Market Cap: A$640.9M

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

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