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Treasury Wine Estates Limited ( (AU:TWE) ) has issued an announcement.
Treasury Wine Estates Limited announced a change in the securities interests of its Non-Executive Director and Chairman, John Mullen. Mr. Mullen acquired 65,000 ordinary shares through an on-market trade and an additional 15,350 shares via the TWE Director Share Acquisition Plan. This acquisition reflects a significant increase in Mr. Mullen’s stake in the company, which could signal confidence in the company’s future prospects and may influence stakeholder perceptions.
The most recent analyst rating on (AU:TWE) stock is a Buy with a A$9.00 price target. To see the full list of analyst forecasts on Treasury Wine Estates Limited stock, see the AU:TWE Stock Forecast page.
More about Treasury Wine Estates Limited
Treasury Wine Estates Limited is a global wine company based in Melbourne, Australia. The company is known for its production and distribution of a wide range of wines, focusing on premium and luxury brands. It operates in the wine industry, catering to markets worldwide.
Average Trading Volume: 6,992,942
Technical Sentiment Signal: Sell
Current Market Cap: A$6.43B
See more insights into TWE stock on TipRanks’ Stock Analysis page.