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Audinate Group ( (AU:AD8) ) has issued an announcement.
Audinate Group Limited announced a change in the director’s interest, with Director Alison Ledger acquiring a significant number of fully paid ordinary shares. This acquisition, conducted through on-market purchases, increases her total holdings to 27,695 shares, reflecting confidence in the company’s future prospects and potentially influencing stakeholder perceptions positively.
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, focusing on providing audio networking solutions. The company is known for its Dante platform, which is widely used for audio over IP networking, catering to a range of markets including professional audio, commercial installations, and broadcast sectors.
Average Trading Volume: 326,520
Technical Sentiment Signal: Sell
Current Market Cap: A$438.8M
For a thorough assessment of AD8 stock, go to TipRanks’ Stock Analysis page.