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.
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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
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