Spouse cashes in CSR chips

5th Nov 2009 16:32

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.Chief executive Joep van Beurden says that CSR is seeing the benefits of the merger with SiRF. Top Director BuysInland (INL) Director name: Mr Nishith Motilal Meghji MaldeAmount purchased: 140,000 @ 17.46p Value: £24,444Inland (INL) Director name: Mr Nishith Motilal Meghji MaldeAmount purchased: 120,000 @ 17.00p Value: £20,400Focus Solutions (FSG) Director name: Mr Alistair TaylorAmount purchased: 35,000 @ 38.00p Value: £13,300Top Director SellsCSR (CSR) Director name: Mr James CollierAmount sold: 377,750 @ 430.95p Value: £1,627,914Noble Investments (NBL) Director name: Mr Ian GoldblatAmount sold: 195,000 @ 102.50p Value: £199,875Noble Investments (NBL) Director name: Mr Edward BaldwinAmount sold: 150,000 @ 102.50p Value: £153,750Noble Investments (NBL) Director name: Mr Seth FreemanAmount sold: 79,000 @ 102.50p Value: £80,975Noble Investments (NBL) Director name: Mr Jasper AllenAmount sold: 75,000 @ 102.50p Value: £76,875Noble Investments (NBL) Director name: Mr Kean McDonaldAmount sold: 50,000 @ 102.50p Value: £51,250Smiths Group (SMIN) Director name: Mr John LangstonAmount sold: 4,310 @ 920.02p Value: £39,653Noble Investments (NBL) Director name: Mr Stuart MollekinAmount sold: 37,500 @ 102.50p Value: £38,438Noble Investments (NBL) Director name: Mr Dimitri Loulakakis OSJAmount sold: 35,000 @ 102.50p Value: £35,875Rightmove (RMV) Director name: Mr Edmund WilliamsAmount sold: 3,648 @ 530.08p Value: £19,337