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NextEd Director Increases Stake with Significant Share Acquisition

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NextEd Director Increases Stake with Significant Share Acquisition

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iCollege Ltd. ( (AU:NXD) ) has issued an update.

NextEd Group Limited announced a change in the director’s interest notice, specifically concerning Angus Johnson, a director with indirect interests in the company. The change involved the acquisition of 2,000,000 ordinary shares by Mr. Johnson through AWJ Family Pty Ltd, increasing his indirect interest to a total of 22,950,938 shares. This on-market purchase reflects a strategic move to bolster Mr. Johnson’s stake in the company, potentially signaling confidence in the company’s future prospects and stability.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

More about iCollege Ltd.

Average Trading Volume: 78,120

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$25.43M

Learn more about NXD stock on TipRanks’ Stock Analysis page.

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