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Service Stream Limited ( (AU:SSM) ) has provided an update.
Service Stream has disclosed a change in the shareholding of director Leigh Geoffrey Mackender, who has increased his direct interest in the company through an on-market purchase. Mackender acquired 130,000 ordinary fully paid shares on 10 March 2026 for approximately $245,000, lifting his total holding to 2,971,887 shares across his personal name and a related trust, a move that may be interpreted by investors as a sign of confidence in the company’s prospects and alignment with shareholder interests.
The most recent analyst rating on (AU:SSM) stock is a Hold with a A$2.00 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 is an Australian company that provides essential network services, with a focus on telecommunications, utilities, and related infrastructure. The company delivers design, construction, maintenance, and operational support for large-scale network owners, positioning it as a key contractor within Australia’s critical services and infrastructure sector.
Average Trading Volume: 1,523,670
Technical Sentiment Signal: Buy
Current Market Cap: A$1.15B
Learn more about SSM stock on TipRanks’ Stock Analysis page.