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Director Increases Stake in NextEd Group

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Director Increases Stake in NextEd Group

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The latest announcement is out from iCollege Ltd. ( (AU:NXD) ).

NextEd Group Limited has announced a significant change in the indirect interest of its director, Angus Johnson, in the company’s securities. The change involves the acquisition of 10,485,754 ordinary shares through an on-market purchase, increasing his indirect interest to a total of 34,936,692 shares. This move could potentially strengthen Johnson’s influence within the company and indicates a strong belief in the company’s future prospects.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

More about iCollege Ltd.

Average Trading Volume: 270,360

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$23.32M

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

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