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Corero CFO Increases Stake in Company Shares

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Corero CFO Increases Stake in Company Shares

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An update from Corero Network Security ( (GB:CNS) ) is now available.

Corero Network Security announced that its Chief Financial Officer, Chris Goulden, has purchased 220,264 ordinary shares, increasing his total beneficial interest to 360,887 shares, which is 0.07% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange’s AIM, reflects confidence in the company’s future prospects and may positively influence stakeholder perception of Corero’s financial stability and market positioning.

The most recent analyst rating on (GB:CNS) stock is a Buy with a £19.00 price target. To see the full list of analyst forecasts on Corero Network Security stock, see the GB:CNS Stock Forecast page.

Spark’s Take on GB:CNS Stock

According to Spark, TipRanks’ AI Analyst, GB:CNS is a Neutral.

The overall stock score reflects a balanced view of strong financial performance and promising corporate events against technical and valuation challenges. The company’s recent partnerships and contracts significantly enhance its strategic position, but overvaluation and bearish technical indicators weigh down the overall score.

To see Spark’s full report on GB:CNS stock, click here.

More about Corero Network Security

Corero Network Security is a leading provider of DDoS protection solutions, offering real-time, automated detection and mitigation with deep network visibility and analytics. The company protects critical infrastructure across various deployment models, including inline, edge, and hybrid cloud. Corero is developing CORE, an observability and resiliency ecosystem to unify defensive actions across the modern threat landscape. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange’s AIM market and the US OTCQX Market.

Average Trading Volume: 301,149

Technical Sentiment Signal: Sell

Current Market Cap: £46.09M

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

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