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Catapult Group Director Adjusts Shareholding with Significant Sale

Story Highlights
  • Catapult Group International operates in sports technology, offering performance analytics.
  • Director Igor van de Griendt sold 2.75 million shares, altering shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Catapult Group Director Adjusts Shareholding with Significant Sale

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Catapult Group International ( (AU:CAT) ) has issued an announcement.

Catapult Group International Ltd announced a change in the director’s interest as Mr. Igor van de Griendt sold 2,750,000 fully paid ordinary shares through an on-market transaction valued at A$16,775,000. This transaction reflects a significant adjustment in Mr. van de Griendt’s shareholding, potentially impacting the company’s shareholder structure and market perception.

The most recent analyst rating on (AU:CAT) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Catapult Group International stock, see the AU:CAT Stock Forecast page.

More about Catapult Group International

Catapult Group International Ltd operates in the sports technology industry, providing advanced analytics and performance tracking solutions for athletes and sports teams. The company focuses on enhancing athletic performance through data-driven insights, catering to a global market of sports professionals and organizations.

Average Trading Volume: 1,646,891

Technical Sentiment Signal: Buy

Current Market Cap: A$1.64B

See more insights into CAT stock on TipRanks’ Stock Analysis page.

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