tiprankstipranks
Advertisement
Advertisement

Teaminvest director Howard Coleman lifts stake via super fund purchase

Story Highlights
  • Director Howard Coleman increased his indirect Teaminvest holding via an on-market purchase.
  • The added shares strengthen Coleman’s aligned stake, underscoring insider confidence and commitment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teaminvest director Howard Coleman lifts stake via super fund purchase

Meet Samuel – Your Personal Investing Prophet

Teaminvest Private Group Ltd ( (AU:TIP) ) has issued an update.

Teaminvest Private Group director Howard Harry Coleman has increased his indirect shareholding in the company through an on-market purchase executed by Colfam Superannuation Pty Ltd as trustee for the Colfam Super Fund. The fund acquired 17,000 fully paid ordinary shares at A$1.31 per share, lifting its holding to 340,045 shares while Coleman’s other direct and indirect holdings remain unchanged.

Following the transaction, Coleman maintains control over shares held in his own name as well as through the Colfam Super Fund, the Colfam Trust and Natmich Pty Ltd, consolidating a significant aligned stake in Teaminvest Private Group. The move signals continued confidence from a key director and reinforces insider ownership, a factor often closely watched by investors assessing governance and long-term commitment to the business.

The most recent analyst rating on (AU:TIP) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Teaminvest Private Group Ltd stock, see the AU:TIP Stock Forecast page.

More about Teaminvest Private Group Ltd

Teaminvest Private Group Ltd is an Australia-based company listed on the ASX. It operates as an investment and wealth management business focused on private investors, with activities centred on managing portfolios and related financial services for its client base.

Average Trading Volume: 21,120

Technical Sentiment Signal: Sell

Current Market Cap: A$35M

For detailed information about TIP stock, go to TipRanks’ Stock Analysis 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