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Elsight Director Increases Stake in Company

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Elsight Director Increases Stake in Company

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The latest update is out from Elsight Ltd. ( (AU:ELS) ).

Elsight Limited announced a change in director David Furstenberg’s indirect interest in the company’s securities. On February 6, 2025, Furstenberg, through Gleneagle Securities Nominees Pty Ltd, acquired 20,425 ordinary fully paid shares, increasing his total holdings to 222,892 shares. This transaction, conducted as an on-market purchase, reflects the director’s growing stake in the company, potentially signaling confidence in its future performance.

More about Elsight Ltd.

Elsight Ltd. operates in the technology sector and is listed on the Australian Securities Exchange (ASX: ELS). The company focuses on providing innovative communication solutions, primarily catering to various industries requiring secure data transmission.

YTD Price Performance: 8.11%

Average Trading Volume: 31,227

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$72.42M

For a thorough assessment of ELS stock, go to TipRanks’ Stock Analysis page.

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