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Temple & Webster Group Ltd ( (AU:TPW) ) has issued an announcement.
Temple & Webster Group Ltd announced a change in the director’s interest, with Michael Malone increasing his indirect stake in the company. Malone, through Dew Drops Pty Ltd ATF Zawsze Superannuation Fund, acquired an additional 3,500 ordinary shares, bringing his total indirect interest to 5,600 shares. This on-market purchase reflects a continued confidence in the company’s prospects and could signal positive sentiment to stakeholders regarding the company’s future performance.
The most recent analyst rating on (AU:TPW) stock is a Hold with a A$14.80 price target. To see the full list of analyst forecasts on Temple & Webster Group Ltd stock, see the AU:TPW Stock Forecast page.
More about Temple & Webster Group Ltd
Temple & Webster Group Ltd operates in the e-commerce industry, focusing primarily on online retail of furniture and homewares. The company targets consumers looking for stylish and affordable home furnishings and decor, leveraging a digital platform to reach a broad market.
Average Trading Volume: 333,141
Technical Sentiment Signal: Buy
Current Market Cap: A$2.46B
Find detailed analytics on TPW stock on TipRanks’ Stock Analysis page.