Smartgroup Director Increases Shareholding

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Smartgroup Director Increases Shareholding

Smartgroup Corporation Ltd ( (AU:SIQ) ) has shared an update.

Smartgroup Corporation Ltd has announced a change in the director’s interest, with Mark Rigotti acquiring 11,905 ordinary shares through an on-market trade, increasing his total shareholding to 33,555 shares. This transaction, valued at $100,001.75, reflects the director’s increased investment in the company, potentially signaling confidence in Smartgroup’s future performance and strategic direction.

More about Smartgroup Corporation Ltd

Smartgroup Corporation Ltd operates in the financial services industry, focusing on providing salary packaging, fleet management, and other employee management services. The company caters to a diverse range of clients, including government and corporate sectors, aiming to enhance employee benefits and streamline organizational operations.

YTD Price Performance: 7.41%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $699.4M

Learn more about SIQ stock on TipRanks’ Stock Analysis page.

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