tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Waypoint REIT Director Increases Stake with Significant Share Acquisition

Story Highlights
  • Waypoint REIT Ltd. is a real estate investment trust focusing on retail properties.
  • Director Christopher John Lawton acquired 30,000 more shares, increasing his stake to 50,000.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Waypoint REIT Director Increases Stake with Significant Share Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Waypoint REIT Ltd. ( (AU:WPR) ) just unveiled an update.

Waypoint REIT Ltd. announced a change in the director’s interest, with Director Christopher John Lawton acquiring an additional 30,000 ordinary stapled securities through an on-market purchase, bringing his total holdings to 50,000. This acquisition reflects a significant increase in the director’s stake in the company, potentially signaling confidence in the company’s future performance and impacting stakeholder perceptions positively.

The most recent analyst rating on (AU:WPR) stock is a Sell with a A$2.50 price target. To see the full list of analyst forecasts on Waypoint REIT Ltd. stock, see the AU:WPR Stock Forecast page.

More about Waypoint REIT Ltd.

Waypoint REIT Ltd. operates in the real estate investment trust (REIT) industry, focusing on owning and managing a portfolio of retail properties. The company is structured by stapling the shares of Waypoint REIT Limited and the units of Waypoint REIT Trust, indicating a focus on investment in real estate assets.

Average Trading Volume: 1,356,650

Technical Sentiment Signal: Buy

Current Market Cap: A$1.79B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1