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Appen Announces Director’s Interest Change

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Appen Announces Director’s Interest Change

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The latest announcement is out from Appen ( (AU:APX) ).

Appen Limited has announced a change in the director’s interest notice involving Mr. Richard Freudenstein. The change pertains to the transfer of 66,847 ordinary shares from Bond Street Custodians Limited to Invia Custodian Pty Ltd, acting as a nominee for Ansime Pty Ltd ATF R & JF Superannuation Fund. This adjustment reflects an internal reorganization of shareholding structures, with no impact on the total number of shares held. This change is not expected to have significant implications for the company’s operations or market positioning.

The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.

More about Appen

Appen Limited operates in the artificial intelligence and machine learning industry, providing data services and solutions to enhance AI systems. The company focuses on delivering high-quality training data for machine learning models, catering to a global market that includes technology companies and enterprises seeking to improve AI capabilities.

YTD Price Performance: -66.86%

Average Trading Volume: 6,662,623

Technical Sentiment Signal: Sell

Current Market Cap: A$231.8M

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

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