The latest update is out from CML Microsystems ( (GB:CML) ).
CML Microsystems announced that Hervor Clark, wife of Non-Executive Chairman Nigel Clark, purchased 9,250 ordinary shares of the company at 215p per share, increasing Mr. Clark’s beneficial interest to 41,160 shares, or approximately 0.26% of total voting rights. This transaction reflects continued confidence in the company’s operations and market positioning, as CML remains cash-generative, debt-free, and dividend-paying, with growth driven by increasing demand for advanced communication technologies.
More about CML Microsystems
CML Microsystems Plc develops mixed-signal, RF, and microwave semiconductors for global communications markets. The company operates in the UK, Asia, and the USA, focusing on sub-segments within communication markets with strong growth profiles and high barriers to entry. It serves a diverse, blue-chip customer base, including leading commercial and industrial product manufacturers, driven by the demand for faster, more secure data transmission and the upgrading of telecom infrastructure.
YTD Price Performance: -26.96%
Average Trading Volume: 18,301
Technical Sentiment Signal: Buy
Current Market Cap: £33.42M
See more data about CML stock on TipRanks’ Stock Analysis page.