Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from HitIQ Limited ( (AU:HIQ) ).
HitIQ Limited has disclosed a substantial change in director Matthew Clayworth’s interests following the conversion of convertible notes into equity. Through Harmil Angel Investments Pty Ltd, where he is the nominated board representative, Clayworth’s indirect holding in HitIQ increased by 97,474,962 fully paid ordinary shares at a deemed price of $0.02 per share.
Post-transaction, Harmil Angel Investments now holds 161,128,604 fully paid ordinary shares in the company, while Clayworth’s direct and superannuation-related holdings remain unchanged. The conversion, approved at an extraordinary general meeting on 6 February 2026, signals a significant strengthening of equity held by a key insider, potentially aligning director and shareholder interests more closely as the company executes its strategic plans.
The most recent analyst rating on (AU:HIQ) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on HitIQ Limited stock, see the AU:HIQ Stock Forecast page.
More about HitIQ Limited
HitIQ Limited operates in the technology sector, focusing on sports and athlete welfare solutions. The company is known for products that monitor and manage head impacts and concussion risks, targeting professional and amateur sports markets where player safety and performance data are increasingly important.
Average Trading Volume: 576,507
Technical Sentiment Signal: Sell
Current Market Cap: A$8.17M
For detailed information about HIQ stock, go to TipRanks’ Stock Analysis page.