Reed's Prozes in the money
A round-up of the biggest director buys today so far.
Reed Elsevier director and boss of the firm's LexisNexis business, Andrew Prozes, has pocketed over £400,000 from share sales.
Prozes sold 10,600 Reed Elsevier American Depository Receipts (ADRs), equal to 42,400 ordinary shares, at $32.33 each.
He also offloaded 14,600 Reed Elsevier NV ADRs, equivalent to two Reed Elsevier NV ordinary shares, at $23.46 a piece.
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
Prozes has been a director at Anglo-Dutch publisher Reed and head of its online content solutions business since July 2000.
These deals leave him with 148,142 Reed Elsevier ordinary shares and 112,004 Reed Elsevier NV ordinarys.
Top Director Buys
Value: $150,000
Value: £49,000
Value: £31,500
Value: £31,500
Value: £28,260
Top Director Sells
Value: £215,108
Value: £168,134
Value: £94,568
Value: £79,492
Value: £53,250
Value: £45,000
Value: £15,400
Value: £13,860
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Rents rise at slowest pace for four years – is buy-to-let still worth it?
Slowing rental growth and higher property taxes are creating a headache for landlords. Does buy-to-let still offer a good yield?
-
Should you bag a bargain with a half-price investment trust?
Twenty-six investment trusts look cheap by historic standards, with some trading at a discount of more than 50%. Are they a bargain or value trap?