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Ai-Media Director Increases Shareholding, Signaling Confidence

Story Highlights
  • Ai-Media Technologies provides media access solutions, including captioning and translation.
  • Director Brent Cubis acquired 35,000 shares, increasing his stake to 63,571 shares.
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Ai-Media Director Increases Shareholding, Signaling Confidence

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Ai-Media Technologies Limited ( (AU:AIM) ) has provided an announcement.

Ai-Media Technologies Limited announced a change in the director’s interest, with Brent Cubis, a director, acquiring an additional 35,000 ordinary shares through an on-market purchase. This acquisition increases his indirect interest to 63,571 shares, held by Cubes Advisory Pty Ltd, where he is a shareholder and director. This move could indicate confidence in the company’s future prospects and may have implications for stakeholders regarding the director’s commitment to the company’s growth.

The most recent analyst rating on (AU:AIM) stock is a Buy with a A$1.26 price target. To see the full list of analyst forecasts on Ai-Media Technologies Limited stock, see the AU:AIM Stock Forecast page.

More about Ai-Media Technologies Limited

Ai-Media Technologies Limited operates in the technology industry, specializing in providing media access solutions. The company focuses on delivering captioning, transcription, and translation services, catering to a diverse market that includes media, education, and corporate sectors.

Average Trading Volume: 299,006

Technical Sentiment Signal: Sell

Current Market Cap: A$112.8M

See more data about AIM stock on TipRanks’ Stock Analysis page.

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