CSR chief technology officer James Collier's wife has sold 377,750 shares in the bluetooth and Global Position System chips maker at prices between 422.5p and 439.4p a share. That cuts Collier's stake to 1.02m shares, or 0.56%.
On 2 March 2009, Collier exercised an option over 382,002 shares at 5.37p a share. That cost £20,514.
Third quarter revenues were higher than expected and the underlying operating profit was $22.2m. CSR said it expects to post fourth quarter revenue of between $180m and $200m. A new order for an integrated Bluetooth/WiFi product should begin shipping before the end of the year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Chief executive Joep van Beurden says that CSR is seeing the benefits of the merger with SiRF.
Top Director Buys
Value: £24,444
Value: £20,400
Value: £13,300
Top Director Sells
Value: £1,627,914
Value: £199,875
Value: £153,750
Value: £80,975
Value: £76,875
Value: £51,250
Value: £39,653
Value: £38,438
Value: £35,875
Value: £19,337
-
Ofgem proposes new energy tariffs with low or no standing changesStanding charges have invited public backlash as households battle high energy bills
-
Google shares bounce on Gemini 2.0 launchGoogle has launched the latest version of its Gemini AI platform, and markets have responded positively. Is it time to buy Google shares?
