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Seeing Machines ( (GB:SEE) ) has issued an announcement.
Seeing Machines, a leader in AI-powered monitoring systems, announced that its Chair, Kate Hill, has purchased 200,000 ordinary shares at 4.80 pence each, increasing her stake to 5,000,000 shares or 0.1% of the company’s share capital. This transaction highlights confidence in the company’s future prospects and may positively influence investor sentiment, reinforcing the company’s strong industry positioning in enhancing transport safety through advanced technology.
More about Seeing Machines
Seeing Machines is a global leader in vision-based monitoring technology, headquartered in Australia and founded in 2000. The company specializes in AI-powered operator monitoring systems designed to enhance transport safety. With a diverse portfolio that includes AI algorithms, embedded processing, and optics, Seeing Machines focuses on reliable real-time assessment of vehicle operators. Their Driver Monitoring Systems (DMS) aim to measure the cognitive state of drivers to mitigate accident risks, serving industries like Automotive, Commercial Fleet, Off-road, and Aviation. The company operates offices in Australia, USA, Europe, and Asia, providing solutions to leading firms in these sectors.
YTD Price Performance: -12.96%
Average Trading Volume: 10,538,957
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £230M
For detailed information about SEE stock, go to TipRanks’ Stock Analysis page.
