AustralianSuper Increases Stake in Audinate Group

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AustralianSuper Increases Stake in Audinate Group

The latest announcement is out from Audinate Group Ltd. ( (AU:AD8) ).

AustralianSuper Pty Ltd has increased its stake in Audinate Group Limited, raising its voting power from 8.89% to 9.92% as of January 29, 2025. This change in substantial holding reflects a growing interest or confidence in Audinate’s market prospects, potentially indicating positive implications for the company’s strategic positioning and its stakeholders.

More about Audinate Group Ltd.

Audinate Group Ltd is a company involved in the technology industry, specializing in digital media networking solutions. Its primary products and services include audio networking technologies, which are used in various professional audio visual applications.

YTD Price Performance: 1.52%

Average Trading Volume: 2,020

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $384.4M

Find detailed analytics on AD8 stock on TipRanks’ Stock Analysis page.

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