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Northumbrian Water's managing director John Cuthbert topped up his stake in the utility group today, spending more than £100,000 on shares.
He bought 50,000 at 218.25p a time and now has 237,221.
Meanwhile, the wife of finance director Chris Green bought 30,000 shares meaning that Green and 'connected persons' now have 157,679.
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While water companies are generally seen as defensive during downturns, Northumbrian, which provides water for 2.6m people in the the north east of England and 1.7m in the south east, has seen its share price struggle recently.
Earlier this month, it predicted that second half revenues would be down by about £4m from the first half.
Top Director Buys
Value: £109,150
Value: £94,800
Value: £65,550
Value: £52,000
Value: £45,500
Value: £26,600
Value: £20,300
Value: £11,220
Value: $11,050
Top Director Sells
Value: £337,486
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.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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