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Infomedia Director Increases Shareholding

Story Highlights
  • Infomedia Ltd operates in the technology industry, focusing on automotive software solutions.
  • Director Joe Powell acquired 20,000 shares, increasing his total to 38,400, signaling confidence in the company.
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Infomedia Director Increases Shareholding

Infomedia Ltd ( (AU:IFM) ) just unveiled an announcement.

Infomedia Ltd has announced a change in the director’s interest notice, with Director Joe Powell acquiring an additional 20,000 fully paid ordinary shares, bringing his total to 38,400 shares. This acquisition, conducted through an on-market trade, indicates a significant increase in Powell’s investment in the company, potentially reflecting confidence in Infomedia’s future performance and strategic direction.

More about Infomedia Ltd

Infomedia Ltd operates in the technology industry, providing software solutions and services primarily focused on the automotive sector. The company is known for its innovative products that enhance the efficiency and effectiveness of automotive businesses.

YTD Price Performance: -14.14%

Average Trading Volume: 325,518

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$477.1M

See more data about IFM stock on TipRanks’ Stock Analysis page.

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