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Virgin Australia Director Increases Shareholding

Story Highlights
  • Virgin Australia operates in the airline industry, offering domestic and international flights.
  • Director Warwick Negus acquired 30,000 shares, increasing his total to 100,000.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Virgin Australia Director Increases Shareholding

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An update from Virgin Australia Holdings Limited ( (AU:VGN) ) is now available.

Virgin Australia Holdings Limited announced a change in the director’s interest notice, revealing that Director Warwick Negus has increased his indirect interest in the company by acquiring 30,000 ordinary fully paid shares through an on-market trade. This change raises his total holding to 100,000 shares, potentially indicating confidence in the company’s future performance and stability.

The most recent analyst rating on (AU:VGN) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Virgin Australia Holdings Limited stock, see the AU:VGN Stock Forecast page.

More about Virgin Australia Holdings Limited

Virgin Australia Holdings Limited operates in the airline industry, providing domestic and international air travel services. The company focuses on offering a range of flight options to cater to both leisure and business travelers, positioning itself as a key player in the aviation market.

Average Trading Volume: 1,896,502

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.28B

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

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