Filtronic CFO Transfers Shares into ISA

The latest announcement is out from Filtronic ( (GB:FTC) ).

Filtronic plc announced that its Chief Financial Officer, Michael Tyerman, has transferred shares into his ISA by selling 4,163 Ordinary Shares at 82.4 pence and purchasing 4,131 Ordinary Shares at 82.9 pence. This transaction results in Mr. Tyerman holding 398,631 Ordinary Shares, which constitutes 0.18% of the company’s total issued share capital.

Spark’s Take on GB:FTC Stock

According to Spark, TipRanks’ AI Analyst, GB:FTC is a Outperform.

Filtronic’s strong financial performance and positive corporate events, notably the expansion with SpaceX, underpin its robust position in the industry. While technical indicators suggest short-term caution, the company’s strategic moves and reasonable valuation provide a solid foundation for future growth. Monitoring capital expenditures will be crucial to maintain cash flow efficiency.

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

More about Filtronic

Filtronic plc is a company that designs and manufactures products for the aerospace, defence, space, and telecoms infrastructure markets.

YTD Price Performance: 14.21%

Average Trading Volume: 1,705,374

Technical Sentiment Signal: Strong Sell

Current Market Cap: £180.5M

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