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An update from Xero Limited ( (AU:XRO) ) is now available.
Xero Limited announced a change in the director’s interest notice, revealing that Dale Murray has increased his indirect shareholding in the company by acquiring 172 ordinary shares through a share purchase plan. This acquisition, valued at AU$30,000, reflects continued confidence in the company’s growth prospects and aligns with the strategic interests of stakeholders, potentially impacting Xero’s market positioning 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 financial technology industry, providing cloud-based accounting software for small and medium-sized businesses. The company focuses on streamlining financial management processes and enhancing business efficiency through its innovative digital solutions.
YTD Price Performance: 3.67%
Average Trading Volume: 506,058
Technical Sentiment Signal: Buy
Current Market Cap: A$28.9B
For an in-depth examination of XRO stock, go to TipRanks’ Overview page.