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Treasury Wine Estates Director Increases Stake with Share Acquisition

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Treasury Wine Estates Director Increases Stake with Share Acquisition

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Treasury Wine Estates Limited ( (AU:TWE) ) has provided an announcement.

Treasury Wine Estates Limited announced a change in the relevant interests of its Non-Executive Director, Nigel Garrard, who acquired 32,500 ordinary shares through on-market trades. This acquisition reflects a significant increase in Mr. Garrard’s stake in the company, potentially signaling confidence in the company’s future prospects and impacting stakeholder perceptions.

The most recent analyst rating on (AU:TWE) stock is a Sell with a A$5.50 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 prominent player in the wine industry, primarily engaged in the production and distribution of wine. The company focuses on delivering premium wine products to a global market, leveraging its extensive portfolio of renowned wine brands.

Average Trading Volume: 5,550,136

Technical Sentiment Signal: Sell

Current Market Cap: A$5.01B

See more data about TWE stock on TipRanks’ Stock Analysis page.

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