tiprankstipranks
Advertisement
Advertisement

Nordic Semiconductor CFO Sells 10,000 Shares in Mandatory Insider Transaction Disclosure

Story Highlights
Nordic Semiconductor CFO Sells 10,000 Shares in Mandatory Insider Transaction Disclosure

Meet Samuel – Your Personal Investing Prophet

Nordic Semiconductor ASA ( (GB:0FF9) ) has issued an announcement.

Nordic Semiconductor’s Chief Financial Officer, Pål Elstad, has sold 10,000 shares in the company at an average price of NOK 149.05 per share, reducing but not eliminating his personal stake, which now stands at 44,138 shares. The transaction, disclosed in line with EU market abuse regulations and Norwegian securities law, represents routine insider dealing reporting and provides investors with updated information on executive share ownership, a factor often monitored for signals about management’s confidence and alignment with shareholder interests.

The most recent analyst rating on (GB:0FF9) stock is a Buy with a NOK160.00 price target. To see the full list of analyst forecasts on Nordic Semiconductor ASA stock, see the GB:0FF9 Stock Forecast page.

More about Nordic Semiconductor ASA

Nordic Semiconductor ASA is a Norway-based technology company specializing in low-power wireless communication solutions, including Bluetooth Low Energy, cellular IoT, and other short-range RF products, serving global markets in IoT, consumer electronics, and industrial applications.

Average Trading Volume: 896,739

Current Market Cap: NOK26.22B

For detailed information about 0FF9 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1