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An update from SiteMinder Limited ( (AU:SDR) ) is now available.
SiteMinder Limited has announced that Superannuation and Investments HoldCo Pty Ltd, along with its related bodies, has become a substantial holder in the company, acquiring a 5.01% voting power through fully paid ordinary shares. This development indicates a significant investment in SiteMinder, potentially impacting its market positioning and signaling confidence in its growth prospects, which may have implications for stakeholders and the broader hotel technology industry.
The most recent analyst rating on (AU:SDR) stock is a Buy with a A$6.30 price target. To see the full list of analyst forecasts on SiteMinder Limited stock, see the AU:SDR Stock Forecast page.
More about SiteMinder Limited
SiteMinder Limited operates in the technology industry, primarily offering cloud-based software solutions for the hotel sector. The company focuses on providing tools for hotel management, including booking and distribution systems, to enhance operational efficiency and market reach.
Average Trading Volume: 1,382,919
Technical Sentiment Signal: Sell
Current Market Cap: A$1.32B
For an in-depth examination of SDR stock, go to TipRanks’ Stock Analysis page.
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