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Spirent Communications PLC (LSE:SPT) has disclosed a change in its shareholder composition following an updated filing from Bank of America Corporation. The report confirms that Bank of America has trimmed its exposure to Spirent, now holding 4.179% of the company’s voting rights through financial instruments—marking a decrease from its prior position.
This adjustment in shareholding by a prominent institutional investor could influence market sentiment and potentially affect investor perception of Spirent’s short-term valuation. Such shifts often reflect broader portfolio strategies or market positioning decisions and are closely monitored by market participants for insight into institutional confidence.
About Spirent Communications PLC
Spirent Communications is a UK-based technology company that delivers testing, assurance, and analytics solutions to the global telecommunications industry. Its offerings help service providers, network equipment manufacturers, and enterprises ensure the performance, security, and reliability of next-generation networks and devices.
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Average Daily Trading Volume: 2,511,136
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Technical Sentiment: Strong Buy
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Current Market Capitalization: £1.08 billion
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