WH Smith director goes to the till
A round-up of the biggest director buys today so far.
Jeff Harris, a Non-Executive Director at WH Smith, purchased 10,000 shares in the stationery and book retailer on Friday, one day after the firm's interim results.
Harris, currently the Chairman of FTSE 250 speciality plastic and fibre products supplier Filtrona who joined WH Smith's board in June of last year, paid 533p per share bringing the total transaction value to £53,300. Following the purchase, he holds a 0.008% stake in WH Smith.
On Thursday, the group reported that like-for-like (LFL) and total sales fell in both its main divisions in the six months to the end of February but profits were up. Total sales were £665m (2011: £686m) with LFL sales down 5%.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
According to an Investec research note today: "A solid set of interim results was in line with our and consensus forecasts, underlining once again the strength of the group's cash generation, which supported a 15% increase in the interim dividend."
Top Director Buys
WH Smith (SMWH)
Director name: Mr Jeffrey Francis Harris
Amount purchased: 10,000 @ 533.00p
Value: £53,300
Fairpoint Group (FRP)
Director name: Mr John Allkins
Amount purchased: 50,000 @ 65.00p
Value: £32,500
Top Director Sells
Xaar (XAR)
Director name: Mr Ian Dinwoodie
Amount sold: 330,357 @ 225.00p
Value: £743,303
BrainJuicer Group (BJU)
Director name: Mr Simon Godfrey
Amount sold: 20,000 @ 302.75p
Value: £60,550
BC
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
How working part-time in retirement could boost your pension by £87,000
Easing into retirement by working a few days a week could add thousands to your pension pot. We crunch the figures to see how working part-time can boost your pension po
By Ruth Emery Published
-
Easyjet on track for ‘record summer’ - should you invest in airline stocks?
Easyjet reported headline pre-tax profits of £236 million for the three months to June 30 - up by £33 million on a year ago
By Chris Newlands Published