Select Harvests Director Increases Stake with Strategic Share Purchase

Select Harvests ( (AU:SHV) ) has provided an announcement.

Select Harvests Limited has announced a change in the director’s interest, with Director David Surveyor acquiring an additional 3,000 fully paid ordinary shares, bringing his total to 20,185 shares. This on-market purchase, priced at $4.57 per share, reflects a strategic move that could signal confidence in the company’s future prospects, potentially impacting investor perceptions and stakeholder interests.

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 industry, focusing primarily on the production and distribution of almonds. The company is a significant player in the Australian market, known for its extensive almond orchards and processing facilities.

Average Trading Volume: 439,202

Technical Sentiment Signal: Hold

Current Market Cap: A$632.4M

See more insights into SHV stock on TipRanks’ Stock Analysis page.