tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Service Stream Director Increases Shareholding Through Incentive Plan

Story Highlights
Service Stream Director Increases Shareholding Through Incentive Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Service Stream Limited ( (AU:SSM) ) has provided an update.

Service Stream Limited has announced a change in the director’s interest, with Leigh Geoffrey Mackender acquiring 1,074,181 ordinary fully paid shares through the vesting of performance rights under the company’s incentive plans. This acquisition increases Mackender’s total shareholding to 2,841,887 shares, reflecting his increased stake in the company and potentially signaling confidence in the company’s future performance.

The most recent analyst rating on (AU:SSM) stock is a Buy with a A$2.57 price target. To see the full list of analyst forecasts on Service Stream Limited stock, see the AU:SSM Stock Forecast page.

More about Service Stream Limited

Service Stream Limited operates in the telecommunications and utilities industry, providing essential network services and infrastructure solutions. The company focuses on delivering integrated services across various sectors, including telecommunications, energy, and water, catering to a diverse range of clients in these markets.

YTD Price Performance: 50.20%

Average Trading Volume: 1,751,255

Technical Sentiment Signal: Buy

Current Market Cap: A$1.42B

For an in-depth examination of SSM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1