Director deals: Latest disappointing trading statement is a buying opportunity

Gooch & Housego (LON: GHH) published another disappointing trading statement last week. Following the trading statement, Elaine Sullivan, who is associated with chairman Gary Bullard, acquired 2,000 shares at 456p each and 5,000 shares at 463p each.

That takes Gary Bullard’s stake to 54,200 shares. Previous purchases earlier in the year were at higher prices.

Odyssean Investment Trust increased its stake from 10.1% to 11.1%, while Canaccord Genuity reduced its shareholding from 6.2% to 4.9%.

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