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The latest update is out from Audinate Group ( (AU:AD8) ).
Audinate Group Limited announced a change in the director’s interest, with Aidan Williams disposing of 70,000 unlisted performance rights. This change reflects a lapse of performance rights under the company’s FY23 Performance Based Equity Grant, leaving Williams with 136,260 unlisted performance rights. This adjustment in director’s securities holdings may have implications for the company’s governance and equity distribution strategy.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$7.10 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
More about Audinate Group
Audinate Group Limited operates in the technology industry, primarily focusing on providing audio networking solutions. The company is known for its Dante platform, which is widely used for digital audio networking in various sectors, including live sound, commercial installations, and broadcast.
Average Trading Volume: 383,820
Technical Sentiment Signal: Sell
Current Market Cap: A$402.6M
For an in-depth examination of AD8 stock, go to TipRanks’ Overview page.