Experian's Tyler picks up £733,000
A round-up of the biggest director deals today so far.
Sainsbury's chairman David Tyler has taken advantage of strength in the share price of credit checking firm Experian, where he is a non-executive director, to sell a big stake.He sold 90,000 at 814.8p a time, pocketing a total of £733,000.Experian last week said it saw organic revenue growth of 6% in the second quarter of 2011, and continues to anticipate organic revenue growth in the mid-high single digit range over the full-year. When Tyler last sold shares in Experian, offloading about 105,000 in June, he got 787.7p for each one.Tyler was the finance director of the GUS, the conglomerate that demerged into Experian and Argos and Homebase owner Home Retail Group in 2006.He is also the chairman of software group Logica and a non-executive director of luxury fashion group Burberry. Tyler joined Sainsbury's in 2009.Top Director BuysQihang Equipment Company Ltd (QIH) Director name: Mr Yuanqing LiAmount purchased: 500,000 @ 20.00p Value: £100,000Top Director SellsExperian (EXPN) Director name: Mr David A TylerAmount sold: 90,000 @ 814.83p Value: £733,347
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
-
FTSE 100 hits record highs – why is it rising and will we see more gains?
Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
By Marc Shoffman Published
-
How to invest in copper
It may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
By Dominic Frisby Published