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Wisetech Global ( (AU:WTC) ) has provided an update.
WiseTech Global has disclosed a change in the interests of director Maree Isaacs, who has increased her indirect holding in the company through an on-market purchase. The transaction, executed via BNP Paribas Nominees on behalf of The Isaacs Co. Pty Ltd as trustee for the Isaacs Foundation Trust, added 10,577 ordinary shares at $37.16 per share.
Following the acquisition, Isaacs holds 11,798 shares directly and 10,577 shares indirectly, signalling ongoing alignment of the director’s financial interests with the company’s performance. The notice also confirms there has been no change to her existing performance-based equity incentives, which continue to vest in staged annual tranches through to 2028, reinforcing a long-term incentive structure tied to WiseTech’s future outcomes.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$67.00 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
More about Wisetech Global
WiseTech Global Limited is a technology company that develops logistics and supply chain management software, with its flagship CargoWise platform widely used by freight forwarders, customs brokers, and logistics providers worldwide. The company focuses on digitising and automating global logistics processes to improve efficiency and compliance for industry participants.
YTD Price Performance: -41.46%
Average Trading Volume: 1,875,932
Technical Sentiment Signal: Sell
Current Market Cap: A$13.32B
For an in-depth examination of WTC stock, go to TipRanks’ Overview page.