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Polynovo Director Increases Shareholding, Signaling Confidence in Company

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Polynovo Director Increases Shareholding, Signaling Confidence in Company

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Polynovo ( (AU:PNV) ) just unveiled an update.

Polynovo Limited announced a change in the director’s interest notice, indicating that Director David Williams has acquired an additional 31,000 ordinary shares through Moggs Creek Pty Ltd, a related entity. This acquisition, completed via an on-market trade, reflects a continued investment in the company, potentially signaling confidence in Polynovo’s strategic direction and market position.

The most recent analyst rating on (AU:PNV) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Polynovo stock, see the AU:PNV Stock Forecast page.

More about Polynovo

Polynovo Limited operates in the medical technology industry, primarily focusing on the development and commercialization of innovative medical devices. The company is known for its NovoSorb technology, which is used in a range of products aimed at improving wound care and tissue repair.

Average Trading Volume: 2,677,259

Technical Sentiment Signal: Sell

Current Market Cap: A$967.2M

For a thorough assessment of PNV stock, go to TipRanks’ Stock Analysis page.

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