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Director Increases Stake in Nine Entertainment Co.

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Director Increases Stake in Nine Entertainment Co.

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Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) just unveiled an update.

Nine Entertainment Co. Holdings Limited announced a change in the director’s interest, with Director Mandy Pattinson acquiring 20,000 additional ordinary shares, bringing her total to 70,000 shares. This on-market purchase reflects a significant increase in her stake, potentially indicating confidence in the company’s future prospects, which may impact stakeholder perceptions and market positioning.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited operates in the media and entertainment industry, offering a range of services including television broadcasting, digital media, and content production. The company focuses on delivering diverse entertainment options to audiences across Australia.

Average Trading Volume: 5,930,627

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.77B

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

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