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Cochlear Director Acquires Additional Shares, Signaling Confidence

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Cochlear Director Acquires Additional Shares, Signaling Confidence

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Cochlear ( (AU:COH) ) has shared an update.

Cochlear Limited has announced a change in the interests of its director, Caroline Louise Clarke, involving the acquisition of 418 fully paid ordinary shares through on-market trades. This change reflects a strategic adjustment in the director’s investment in the company, potentially signaling confidence in Cochlear’s market performance and future prospects.

The most recent analyst rating on (AU:COH) stock is a Hold with a A$329.00 price target. To see the full list of analyst forecasts on Cochlear stock, see the AU:COH Stock Forecast page.

More about Cochlear

Cochlear Limited operates in the medical device industry, specializing in the development and manufacture of implantable hearing solutions. The company focuses on providing innovative products to improve hearing for individuals with severe to profound hearing loss, positioning itself as a leader in the auditory implant market.

Average Trading Volume: 179,868

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$19.77B

For detailed information about COH stock, go to TipRanks’ Stock Analysis page.

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