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Atomos Director Increases Stake with Major Share Conversion

Story Highlights
  • Atomos Limited focuses on video and imaging equipment for professional markets.
  • Director Peter Gordon Barber converted 100 million options to shares, boosting his holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Atomos Director Increases Stake with Major Share Conversion

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Atomos ( (AU:AMS) ) has shared an update.

Atomos Limited has announced a change in the director’s interest, with Peter Gordon Barber converting 100 million options into fully paid ordinary shares, increasing his holdings to 218,125,000 shares. This move reflects a significant shift in the director’s investment strategy, potentially impacting the company’s stock dynamics and signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:AMS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Atomos stock, see the AU:AMS Stock Forecast page.

More about Atomos

Atomos Limited operates in the technology industry, focusing on the development and production of video and imaging equipment. The company is known for its innovative solutions in video recording and monitoring, catering primarily to the professional video production market.

Average Trading Volume: 2,637,421

Technical Sentiment Signal: Sell

Current Market Cap: A$43.63M

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

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