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Harvest Lane Lifts Stake in Apiam Animal Health to 7.29%

Story Highlights
  • Apiam Animal Health is an ASX-listed veterinary and animal health provider serving livestock and companion animal markets.
  • Harvest Lane Asset Management has raised its stake in Apiam to 7.29 percent, increasing its voting influence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Lane Lifts Stake in Apiam Animal Health to 7.29%

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Apiam Animal Health Ltd. ( (AU:AHX) ) just unveiled an announcement.

Harvest Lane Asset Management and its associated entities have increased their substantial shareholding in Apiam Animal Health Limited, lifting their voting power from 6.11% to 7.29% of the company’s ordinary shares. The change, disclosed under substantial holding requirements of the Corporations Act, reflects additional on-market acquisitions bringing Harvest Lane’s total interest to 13,488,500 shares, signaling a higher level of institutional investor confidence and potentially greater influence over shareholder decisions at the veterinary services group.

The most recent analyst rating on (AU:AHX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Apiam Animal Health Ltd. stock, see the AU:AHX Stock Forecast page.

More about Apiam Animal Health Ltd.

Apiam Animal Health Limited is an Australian veterinary and animal health company listed on the ASX (ticker: AHX). It operates in the animal health industry, providing veterinary services and related products, with a focus on livestock and companion animals across regional and rural markets in Australia.

Average Trading Volume: 471,498

Technical Sentiment Signal: Buy

Current Market Cap: A$161M

See more data about AHX stock on TipRanks’ Stock Analysis page.

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