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Alcidion CEO Sells Shares, Affirms Commitment to Company Growth

Story Highlights
  • Alcidion focuses on enhancing healthcare through innovative technology solutions globally.
  • CEO Kate Quirke sold 5 million shares but remains committed to Alcidion’s growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alcidion CEO Sells Shares, Affirms Commitment to Company Growth

Alcidion Group Limited ( (AU:ALC) ) has issued an announcement.

Alcidion Group Limited announced that its Managing Director and CEO, Kate Quirke, has sold 5 million shares to diversify her family’s assets. Despite this sale, Quirke remains committed to Alcidion, retaining approximately 43.6 million shares and expressing confidence in the company’s future growth and profitability, as evidenced by the positive financial outlook for FY25.

More about Alcidion Group Limited

Alcidion Group Limited is a company focused on transforming healthcare through innovative technology solutions that enhance patient care efficiency and quality globally. Their flagship product, Miya Precision, supports clinical decision-making and operational management in healthcare settings. Alcidion has expanded its presence in the UK, Australia, and New Zealand, servicing over 400 hospitals and 87 healthcare organizations, with plans for further geographical expansion.

YTD Price Performance: 50.0%

Average Trading Volume: 1,619,391

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$120.9M

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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