Iain Johnston, a director at the marketing software provider Alterian, has cut his holding in the firm, selling 100,000 shares at 150p each.
He still has 1.19m shares in the firm, which is more than 2%.
Shares in Alterian, whose products include Dynamic Messenger, an email marketing tool, have rallied sharply since Johnston last cashed in, taking 103.6p a time for 95,000 shares.
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
Top Director Buys
Value: £32,550
Value: £14,984
Top Director Sells
Value: £2,496,000
Value: £1,320,516
Value: £978,900
Value: £815,100
Value: £453,031
Value: £698,524
Value: £563,836
Value: £250,996
Value: £150,000
Value: £113,000
-
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.
-
How to invest in copperIt 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
