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Technology One director Debra Eckersley lifts indirect shareholding

Story Highlights
  • Technology One director Debra Eckersley has increased her indirect holding in the company through an on-market share purchase.
  • Her indirect stake rose to 1,200 shares while her direct joint holding of 6,000 shares remains unchanged, reflecting a routine portfolio adjustment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Technology One director Debra Eckersley lifts indirect shareholding

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Technology One Limited ( (AU:TNE) ) just unveiled an update.

Technology One Limited has disclosed a change in the relevant interests of director Debra Eckersley in the company’s fully paid ordinary shares. The notice details that her indirect holdings through Pindari Avenue Pty Ltd as trustee for the Eckersley Family Trust increased via an on-market purchase.

Eckersley’s indirect interest rose from 179 to 1,200 Technology One shares following the acquisition of 1,021 shares valued at $25,394.72, while her direct joint holding of 6,000 shares with Wayne Robert Eckersley remains unchanged. The transaction was conducted on market and did not occur during a closed trading period, indicating routine portfolio adjustment rather than a special corporate event.

The most recent analyst rating on (AU:TNE) stock is a Buy with a A$29.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.

More about Technology One Limited

Technology One Limited is an Australian enterprise software company that develops and provides fully integrated business software solutions. It focuses on sectors such as government, education, and large enterprises, delivering financials, enterprise resource planning, and related technology services to support operational and administrative functions.

Average Trading Volume: 1,224,478

Technical Sentiment Signal: Hold

Current Market Cap: A$7.11B

For detailed information about TNE stock, go to TipRanks’ Stock Analysis page.

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