Vickram Vathulya, chief executive of Sivers Industries, has acquired 70,000 shares in the Swedish semiconductor designer for approximately SEK 2.6 million.
The transaction, reported by Dagens Industri, represents a significant vote of confidence from the company's top executive in the firm's near-term prospects.
5 million, marking her first acquisition of stock in the company.
The purchase comes amid a broader pattern of insider buying at Sivers Industries.
Earlier this year, board member Todd Thomson acquired 12,500 shares for roughly SEK 0.5 million through his investment vehicle.
Additionally, fellow board member Helena Svancar purchased 11,019 shares at SEK 41.74 per share, totaling nearly SEK 0.5 million, marking her first acquisition of stock in the company.
Insider transactions are closely watched by investors as a potential signal of management's view on valuation and future growth.