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Audinate Group ( (AU:AD8) ) has issued an announcement.
Audinate Group Limited announced a change in the director’s interest notice, specifically involving Aidan Williams. The company issued 261,019 unlisted performance rights to Williams under its Long-Term Incentive Plan, following approval at the Annual General Meeting. This change reflects the company’s commitment to aligning executive incentives with long-term performance goals, potentially impacting the company’s strategic direction and stakeholder interests.
The most recent analyst rating on (AU:AD8) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
More about Audinate Group
Audinate Group Limited operates in the technology industry, specializing in audio networking solutions. The company is known for its Dante platform, which is widely used for digital audio networking in professional audio and video applications.
Average Trading Volume: 605,640
Technical Sentiment Signal: Sell
Current Market Cap: A$427.5M
Learn more about AD8 stock on TipRanks’ Stock Analysis page.