Bank of America Adjusts Holdings in Spirent Communications

Spirent Communications ( (GB:SPT) ) has provided an announcement.

Spirent Communications PLC has announced a significant change in its shareholder structure, as Bank of America Corporation has adjusted its holdings in the company. The notification indicates that Bank of America now holds 4.179% of voting rights through financial instruments, a decrease from its previous position. This shift in holdings could impact Spirent’s market dynamics and investor relations, reflecting strategic financial maneuvers by a major institutional investor.

The most recent analyst rating on (GB:SPT) stock is a Buy with a £2.25 price target. To see the full list of analyst forecasts on Spirent Communications stock, see the GB:SPT Stock Forecast page.

More about Spirent Communications

Spirent Communications PLC is a UK-based company operating in the telecommunications industry. It specializes in providing testing, assurance, and analytics solutions for networks and devices, focusing on enhancing the performance and reliability of communication systems.

Average Trading Volume: 2,511,136

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.08B

For an in-depth examination of SPT stock, go to TipRanks’ Stock Analysis page.