Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Universal Store Holdings Ltd. ( (AU:UNI) ) just unveiled an update.
Universal Store Holdings Ltd announced a change in the director’s interest notice as Alice Barbery, the Group Managing Director and CEO, sold 350,000 ordinary shares to fund the building of a new home. Despite this sale, Ms. Barbery retains a significant holding of 1,812,897 ordinary shares and 344,655 performance rights in the company. This transaction reflects a personal financial decision by a key executive and does not indicate a change in the company’s operational or strategic direction.
More about Universal Store Holdings Ltd.
Universal Store Holdings (ASX: UNI) is a company that owns a portfolio of premium youth fashion brands and operates omni-channel retail and wholesale businesses. Its principal businesses include Universal Store, trading under the Universal Store and Perfect Stranger retail banners, and CTC, trading the THRILLS and Worship brands. The company operates 109 physical stores across Australia and has a focus on delivering on-trend apparel products to a target demographic of 16-35 year-old fashion-focused customers.
YTD Price Performance: -6.58%
Average Trading Volume: 137,837
Technical Sentiment Signal: Sell
Current Market Cap: A$599.2M
For a thorough assessment of UNI stock, go to TipRanks’ Stock Analysis page.