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Director Increases Stake in Ai-Media Technologies

Story Highlights
  • Ai-Media Technologies Limited provides media accessibility and captioning solutions.
  • Director Anthony Abrahams acquired 1,000,000 shares, indicating confidence in the company’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Director Increases Stake in Ai-Media Technologies

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Ai-Media Technologies Limited ( (AU:AIM) ) has issued an update.

Ai-Media Technologies Limited announced a change in the director’s interest, with Director Anthony Abrahams acquiring 1,000,000 ordinary shares through an on-market purchase, increasing his total direct interest to 10,937,500 shares. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and stability, which could positively impact stakeholder perceptions and market positioning.

The most recent analyst rating on (AU:AIM) stock is a Buy with a A$1.26 price target. To see the full list of analyst forecasts on Ai-Media Technologies Limited stock, see the AU:AIM Stock Forecast page.

More about Ai-Media Technologies Limited

Ai-Media Technologies Limited operates in the technology industry, providing services related to media accessibility and captioning solutions. The company focuses on delivering real-time captioning, transcription, and translation services to enhance accessibility for media content across various platforms.

Average Trading Volume: 329,052

Technical Sentiment Signal: Sell

Current Market Cap: A$109.6M

Find detailed analytics on AIM stock on TipRanks’ Stock Analysis page.

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