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Dropsuite Director’s Share Disposal Amid Acquisition

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Dropsuite Director’s Share Disposal Amid Acquisition

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Dropsuite ( (AU:DSE) ) has issued an update.

Dropsuite Limited announced a change in the director’s interest as Charif El Ansari disposed of 3,218,544 fully paid ordinary shares. This change is due to the acquisition of Dropsuite Limited by NinjaOne Australia Pty Ltd through a scheme of arrangement, impacting the company’s ownership structure and potentially its strategic direction.

The most recent analyst rating on (AU:DSE) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Dropsuite stock, see the AU:DSE Stock Forecast page.

More about Dropsuite

Dropsuite Limited operates in the technology industry, focusing on providing cloud-based backup solutions and data protection services. The company is known for its software that helps businesses safeguard their digital assets, ensuring data security and compliance.

Average Trading Volume: 425,655

Technical Sentiment Signal: Buy

Current Market Cap: A$418.2M

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

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