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The latest update is out from Spirent Communications ( (GB:SPT) ).
Spirent Communications has reported a change in major holdings, with Barclays PLC increasing its voting rights in the company to 13.71% from a previous 12.87%. This acquisition, which was facilitated through Barclays Capital Securities Limited, signifies a stronger influence of Barclays in Spirent’s decision-making processes and may impact the company’s strategic direction, potentially benefiting stakeholders by aligning with Barclays’ expertise in financial management.
More about Spirent Communications
Spirent Communications is a UK-based company operating in the communications industry, providing testing, assurance, and analytics solutions for next-generation devices and networks. Their market focus includes telecommunications, network equipment manufacturers, and enterprise sectors.
YTD Price Performance: 44.04%
Average Trading Volume: 1,816,310
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.02B
See more insights into SPT stock on TipRanks’ Stock Analysis page.
