Cettire spikes after CEO hoovers up $5m worth of shares

The news: Shares in online fashion retailer Cettire gained in afternoon trade after its chief executive Dean Mintz bought up just under $5.5 million worth of stock.

The numbers: At 2:33pm AEST, shares in Cettire had leapt 16.8% to 59 cents per share and are up 103.5% over the last month.

A change of director’s interest notice released to the exchange late on Monday afternoon flags that Mintz acquired more than 10.7 million shares putting his total holdings at more than 137.2 million shares.

The context: Cettire shares have posted significant gains since the release of its full-year earnings in late August despite swinging to a full-year loss. However, gross revenue in FY26 to date at the time of the earnings report was up “low single digits” compared to the previous corresponding period and up “double digits” for emerging markets.