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Croma Security CEO Sells Shares to Family Members

Story Highlights

Croma Security Solutions ( (GB:CSSG) ) has provided an announcement.

Croma Security Solutions Group PLC announced that its CEO, Roberto Fiorentino, sold 186,869 ordinary shares at 85.5p per share to family members, including his daughter Sofia Fiorentino. This transaction adjusts Roberto’s direct and indirect holdings to 3,762,029 shares, representing 27.3% of the company’s share capital. The sale, conducted on the London Stock Exchange’s AIM, reflects a shift in share distribution within the Fiorentino family, potentially impacting the company’s internal dynamics and shareholder structure.

Spark’s Take on GB:CSSG Stock

According to Spark, TipRanks’ AI Analyst, GB:CSSG is a Neutral.

Croma Security Solutions demonstrates financial stability with a strong balance sheet and growing revenues. However, operational challenges and cash flow volatility need addressing. The technical indicators suggest a neutral to slightly bearish trend, while fair valuation and strategic acquisitions support a positive outlook. Overall, the company has a moderate risk-reward profile, balancing growth potential with operational risks.

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

More about Croma Security Solutions

Croma Security Solutions Group PLC operates in the security industry, providing a range of security services and solutions. The company focuses on delivering high-quality security systems and services to various sectors, enhancing safety and protection for its clients.

YTD Price Performance: -1.16%

Average Trading Volume: 7,757

Technical Sentiment Signal: Sell

Current Market Cap: £11.74M

See more data about CSSG stock on TipRanks’ Stock Analysis page.

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