The Vitec ( (GB:VID) ) has shared an update.
Videndum plc has announced that Artemis Investment Management LLP has acquired a significant interest in the company, holding 4,794,031 ordinary shares, which represents 5.0891% of Videndum’s issued ordinary share capital. This acquisition highlights Artemis Investment Management’s strategic interest in Videndum, potentially impacting the company’s market positioning and signaling confidence in Videndum’s growth prospects within the content creation industry.
More about The Vitec
Videndum plc is a leading global provider of premium branded hardware products and software solutions catering to the content creation market. Their diverse customer base includes broadcasters, film studios, production and rental companies, photographers, independent content creators, gamers, professional musicians, and enterprises. The company’s extensive product portfolio features camera supports, video transmission systems, live streaming solutions, smartphone accessories, robotic camera systems, LED lighting, and audio capture equipment. Videndum employs around 1,500 people worldwide and is listed on the London Stock Exchange under the ticker VID.
YTD Price Performance: -46.58%
Average Trading Volume: 559,179
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £73.47M
Learn more about VID stock on TipRanks’ Stock Analysis page.
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