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Zip Co Ltd. ( (AU:ZIP) ) just unveiled an announcement.
Zip Co director Andrew Stevens has increased his indirect holding in the company through Alochan Pty Limited as trustee for Sharetrust. Following an on-market purchase of 16,600 fully paid ordinary shares for $31,208 on 20 February 2026, his total indirect interest rose to 153,667 shares.
The transaction, disclosed in an Appendix 3Y notice, reflects additional director exposure to Zip Co’s equity without any simultaneous disposals. The company confirmed the trade did not occur during a closed period requiring prior written clearance, indicating routine portfolio adjustment rather than an exceptional governance event.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.
More about Zip Co Ltd.
Zip Co Limited is a financial technology company listed on the ASX that offers consumer credit and buy-now-pay-later style payment solutions. The group focuses on providing interest-free or flexible instalment payment products, targeting retail consumers and merchants seeking alternative digital payment options.
Average Trading Volume: 19,098,894
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$3.58B
See more data about ZIP stock on TipRanks’ Stock Analysis page.