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DroneShield Limited ( (AU:DRO) ) has shared an update.
DroneShield Limited has announced a significant change in the interests of its director, Peter James, who has disposed of 3,685,345 fully paid ordinary shares through an on-market trade, valued at $12,353,587. This transaction leaves him with 250,000 unlisted and vested performance options, indicating a strategic adjustment in his investment while maintaining a vested interest in the company. The change reflects a notable shift in the director’s holdings, potentially impacting stakeholders’ perceptions of the company’s future prospects.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and mitigation technologies. The company focuses on providing solutions to protect critical infrastructure and public safety from the threats posed by unauthorized drones.
Average Trading Volume: 18,020,980
Technical Sentiment Signal: Buy
Current Market Cap: A$2.95B
For detailed information about DRO stock, go to TipRanks’ Stock Analysis page.