tiprankstipranks
Trending News
More News >

Vanguard Group Acquires Significant Stake in Audinate Group Limited

Story Highlights
Vanguard Group Acquires Significant Stake in Audinate Group Limited

An update from Audinate Group Ltd. ( (AU:AD8) ) is now available.

The Vanguard Group, Inc. and its controlled entities have become substantial holders in Audinate Group Limited as of February 6, 2025. They possess 5% of the voting power through 4,167,143 ordinary shares. This development highlights Vanguard Group’s strategic interest and influence in Audinate, potentially affecting the company’s decision-making processes and stakeholder dynamics.

More about Audinate Group Ltd.

YTD Price Performance: -0.87%

Average Trading Volume: 2,020

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $383.7M

See more insights into AD8 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App