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The latest update is out from Xero Limited ( (AU:XRO) ).
Xero Limited has announced a change in the director’s interest, as Mark Cross, a director and shareholder of Alpha Investment Partners Limited, has increased his indirect interest in Xero by acquiring 172 ordinary shares through a share purchase plan. This acquisition, valued at AU$30,000, brings Cross’s total holdings to 4,472 shares. The transaction reflects ongoing confidence in the company’s strategic direction and financial health, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
More about Xero Limited
Xero Limited operates in the software industry, primarily providing cloud-based accounting software for small and medium-sized businesses. The company focuses on offering tools for financial management, invoicing, and payroll services, aiming to streamline business operations and enhance financial transparency for its users.
Average Trading Volume: 503,929
Technical Sentiment Signal: Buy
Current Market Cap: A$29.72B
For an in-depth examination of XRO stock, go to TipRanks’ Overview page.