Smartgroup director John Prendiville trims indirect shareholding
Introducing TipRanks MCP for Agents
- Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools.
- Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.
The latest announcement is out from Smartgroup Corporation Ltd ( (AU:SIQ) ).
Smartgroup Corporation non-executive director John Prendiville has reduced his indirect shareholding in the company through an on-market sale. The transaction, completed on 4 June 2026, involved the disposal of 200,000 ordinary shares for total consideration of about $2.3 million.
Following the sale, Prendiville’s indirect interest fell from 770,000 to 570,000 shares, held via Point Capital Pty Ltd and a superannuation fund structure. The company noted that the trade did not occur during a closed period, indicating that no special trading clearance arrangements were required under its governance policies.
The most recent analyst rating on (AU:SIQ) stock is a Hold
with a A$11.00 price target.
To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock,
see the AU:SIQ Stock Forecast page.
More about Smartgroup Corporation Ltd
Smartgroup Corporation Ltd is an Australian company listed on the ASX that operates in the salary packaging and employee benefits administration sector. The group typically focuses on providing outsourced administrative services, including management of employee remuneration and related financial arrangements, to corporate, government and not-for-profit clients across Australia.
Average Trading Volume: 596,736
Technical Sentiment Signal: Buy
Current Market Cap: A$1.65B
For a thorough assessment of SIQ stock, go to TipRanks’ Stock Analysis page.