On October 9, GALAXY ENT rose 3.07% in regular trading, trading at HK$31.64/share, with Turnover of HK$91.1631 million.
The movement is driven by the disclosure that Chairman Lui Che Woo increased his stake in the company on October 2, acquiring 4.61 million shares at an average price of HK$28.25 per share for a total of HK$130 million, lifting his good standing position to 54.24%.
UBS views this insider purchase as a positive signal reflecting management's confidence in Macau's outlook and the stock's attractive valuation, maintaining a Buy rating with a target price of HK$44.4 and highlighting an expected 6.2% dividend yield for 2026.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)