Service Stream Limited Announces Director’s Share Sale

Story Highlights
  • Service Stream Limited is a key player in infrastructure services, offering telecom and utility solutions.
  • Director Brett Gallagher sold 90,243 shares, impacting investor perceptions and market performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Service Stream Limited Announces Director’s Share Sale

The latest update is out from Service Stream Limited ( (AU:SSM) ).

Service Stream Limited has announced a change in the director’s interest, specifically involving Brett Thomas Gallagher. The change was due to the sale of 90,243 ordinary shares by JBL-G Pty Ltd, acting as trustee for the Gallagher MSA Family Trust, reducing the total shares held to 2,300,000. This transaction, valued at $160,330.17, was conducted as an on-market sale. The announcement reflects routine adjustments in shareholding by company directors, which may influence investor perceptions and the company’s stock market performance.

More about Service Stream Limited

Service Stream Limited operates within the infrastructure services industry, providing a range of essential services such as telecommunications, utilities, and transport infrastructure. The company focuses on delivering integrated end-to-end solutions to its clients, which include major corporations and government entities.

YTD Price Performance: 11.34%

Average Trading Volume: 152

Technical Sentiment Signal: Sell

Current Market Cap: €634.7M

See more insights into SSM stock on TipRanks’ Stock Analysis page.

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