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IVE Group Director Adjusts Shareholdings

Story Highlights
  • IVE Group’s director, Matthew Aitken, disposed of a significant number of shares.
  • The shareholding change may impact IVE Group’s market perception and investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IVE Group Director Adjusts Shareholdings

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IVE Group Ltd. ( (AU:IGL) ) has shared an update.

IVE Group Ltd. announced a change in the interests of its director, Matthew Aitken, involving the disposal of a significant number of fully paid ordinary shares. This change, executed through on-market trades, resulted in a reduction of Aitken’s holdings from 161,611 to 75,000 fully paid ordinary shares. The announcement highlights a strategic adjustment in the director’s investment, which could have implications for the company’s stock market perception and investor confidence.

The most recent analyst rating on (AU:IGL) stock is a Buy with a A$3.10 price target. To see the full list of analyst forecasts on IVE Group Ltd. stock, see the AU:IGL Stock Forecast page.

More about IVE Group Ltd.

Average Trading Volume: 215,443

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$468.5M

For an in-depth examination of IGL stock, go to TipRanks’ Overview page.

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