Seeing Machines ( (GB:SEE) ) has shared an announcement.
Seeing Machines Limited announced that its Chief Financial Officer, Martin Ive, has purchased a total of 330,000 ordinary shares at an average price of 2.1855 pence per share. This transaction increases Mr. Ive’s beneficial interest to 11,755,726 ordinary shares, representing 0.24% of the company’s issued share capital. This move may signal confidence in the company’s future prospects and could positively influence investor sentiment.
More about Seeing Machines
Seeing Machines Limited, founded in 2000 and headquartered in Australia, is a global leader in vision-based monitoring technology. The company specializes in AI-powered operator monitoring systems designed to enhance transport safety. Their technology portfolio includes AI algorithms, embedded processing, and optics, which are crucial for delivering real-time understanding of vehicle operators. Seeing Machines’ Driver Monitoring Systems (DMS) technology is aimed at improving safety across various sectors, including Automotive, Commercial Fleet, Off-road, and Aviation. The company operates globally with offices in Australia, USA, Europe, and Asia.
YTD Price Performance: -56.04%
Average Trading Volume: 7,378,176
Technical Sentiment Signal: Buy
Current Market Cap: £107.6M
For an in-depth examination of SEE stock, go to TipRanks’ Stock Analysis page.