Seeing Machines ( (GB:SEE) ) has shared an update.
Seeing Machines Limited announced that its Chief Financial Officer, Martin Ive, has purchased 250,000 ordinary shares, while Istabraq Pty Ltd, associated with Ive, acquired an additional 500,000 shares. These transactions, conducted on the London Stock Exchange, reflect a significant personal investment by the CFO, potentially signaling confidence in the company’s future performance and stability. The acquisitions increase Mr. Ive’s total shareholding to 12,505,726 shares, representing 0.25% of the company’s issued share capital.
More about Seeing Machines
Seeing Machines Limited, founded in 2000 and headquartered in Australia, is a leader in vision-based monitoring technology. The company designs AI-powered operator monitoring systems to enhance transport safety across various sectors, including Automotive, Commercial Fleet, Off-road, and Aviation. With a global presence in Australia, USA, Europe, and Asia, Seeing Machines provides technology solutions and services to industry leaders, focusing on driver monitoring systems that assess driver attention and cognitive state to mitigate accident risks.
YTD Price Performance: -54.73%
Average Trading Volume: 7,545,619
Technical Sentiment Signal: Strong Buy
Current Market Cap: £97.86M
Learn more about SEE stock on TipRanks’ Stock Analysis page.