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Temple & Webster Director Sells Significant Shareholding

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Temple & Webster Director Sells Significant Shareholding

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Temple & Webster Group Ltd ( (AU:TPW) ) just unveiled an announcement.

Temple & Webster Group Ltd announced a change in the director’s interest, with Conrad Yiu disposing of 800,000 ordinary shares through an on-market crossing by ArdenPoint Ecommerce Unit Trust, where he is a 50% beneficiary. This transaction reduces his indirect holding to 1,922,873 ordinary shares. The disposal might impact the company’s stock dynamics and indicates a significant shift in the director’s investment strategy, potentially influencing stakeholder perceptions and market confidence.

The most recent analyst rating on (AU:TPW) stock is a Buy with a A$34.32 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, primarily focusing on online retailing of furniture and homewares. The company targets consumers looking for a wide range of home products through its digital platform.

Average Trading Volume: 332,865

Technical Sentiment Signal: Buy

Current Market Cap: A$2.82B

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

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