Jul. 9 at 8:33 PM
Three new insider purchases reported for
$SIVE today.
The most notable move:
$SIVEF CEO Vikram purchased approximately 1 million SEK worth of shares on the open market today.
The purchase comes after a sharp decline in Sivers shares following two reports regarding CPO delays, Meta Compute-related headlines, and another insider selling update involving a photonics executive.
Insider selling can happen for many different reasons, but an open-market purchase by the CEO is often viewed as a strong sign of management confidence in the company’s future.
With partnerships involving
$GFS,
$JBL, and other laser supply chain players, along with ongoing plans toward a potential NASDAQ listing, investors are watching Sivers’ role in the growing photonics ecosystem.
The company continues to attract attention as a potential long-term player in next-generation photonics technology.
