John Mogford, an independent non-executive director of engineering giant Weir Group, purchased 3,500 ordinary shares on Monday at 1,454p a pop.
The £50,890 purchase, which took Mogford's total holding in the company to 11,481 shares, came just one day before the company reconfirmed its full-year guidance, saying business is on track.
It now expects full year revenues from its SPM and Mesa businesses to be slightly lower than 2011 and below prior guidance.
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However, Weir added that order input in its minerals division was up 18% compared to the previous year and ahead of its expectations.
The firm's owners have seen shares lose a third of their value since February, dropping from around £22 four months ago to £15 now.
The news that business was on track pushed them back up 5% on Tuesday morning to 1,515p.
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Director name: Mr James Ronald Gordon McBurney
Amount purchased: 40,000 @ 128.50p
Value: £51,400
Quintain Estates & Development (QED)
Director name: Mr Nigel Kempner
Amount purchased: 64,000 @ 38.45p
Value: £24,608
North American Income Trust (The) (NAIT)
Director name: Mr Guy Crawford
Amount purchased: 3,000 @ 654.88p
Value: £19,646
Surface Transforms (SCE)
Director name: Mr Kevin D'Silva
Amount purchased: 134,884 @ 10.75p
Value: £14,500
Surface Transforms (SCE)
Director name: Mr Richard Douglas Gledhill
Amount purchased: 120,930 @ 10.75p
Value: £13,000
Hilton Food Group (HFG)
Director name: Sir David F Naish
Amount purchased: 5,000 @ 242.93p
Value: £12,146
Top Director Sells
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Director name: Mr Martin J Gilbert
Amount sold: 1,000,000 @ 248.00p
Value: £2,480,000
First Quantum Minerals Ltd. (FQM)
Director name: Mr Martin R Rowley
Amount sold: 50,000 @ 1,169.18p
Value: £584,590
First Quantum Minerals Ltd. (FQM)
Director name: Mr Martin R Rowley
Amount sold: 35,000 @ 1,228.98p
Value: £430,143
Aberdeen Asset Management (ADN)
Director name: Ms Anne Richards
Amount sold: 200,000 @ 245.40p
Value: £490,800
Central Asia Metals (CAML)
Director name: Mr Dr Michael Price
Amount sold: 245,000 @ 78.76p
Value: £192,962
M. P. Evans Group (MPE)
Director name: Mr James Derek Shaw
Amount sold: 5,000 @ 481.00p
Value: £24,050
M. P. Evans Group (MPE)
Director name: Mr James Derek Shaw
Amount sold: 5,000 @ 480.25p
Value: £24,012
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