Ambertech Director Santo Carlini Increases Stake via On-Market Share Purchase

Ambertech Limited ( (AU:AMO) ) has issued an update.

Ambertech Limited has disclosed a change in the interests of director Santo Carlini, who has increased his holding in the company through a related entity. The on-market acquisition of 108,717 ordinary shares, at a consideration of $13,589.63, lifts Carlini’s indirect stake to more than 32.2 million shares, signalling continued confidence in the company and marginally increasing director alignment with shareholders.

The most recent analyst rating on (AU:AMO) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Ambertech Limited stock, see the AU:AMO Stock Forecast page.

More about Ambertech Limited

Ambertech Limited is an Australian-listed company operating in the audio-visual and technology distribution sector. It typically provides professional and consumer AV equipment and related solutions to domestic and commercial markets, acting as a key intermediary between global technology manufacturers and Australian end-users.

Average Trading Volume: 92,194

Technical Sentiment Signal: Sell

Current Market Cap: A$12.4M

For an in-depth examination of AMO stock, go to TipRanks’ Overview page.