Director dealings w/e 20 May: what company insiders are buying and selling

Directors’ share dealings can often give investors an insight into the sentiment of company insiders. Here are some of the biggest deals by company directors for the week ending 20 May.

Company directors usually know more about the businesses they work for than regular investors, which is why it can be a good idea to keep an eye on director share deals. 

An insider’s decision to buy or sell a security can be a sign that they believe the business is undervalued or overpriced, although these transactions should never be taken as gospel.

There are many reasons why directors might want to buy and sell shares. Some are completely unrelated to business performance. For example, a director might have to sell stock to meet a divorce settlement. 

As it is illegal to trade on inside information, it is not likely a director will buy or sell a stock ahead of a major material announcement. However, a series of transactions by one or more directors can be a strong indication of insider sentiment. 

As directors rarely reveal why they have been buying or selling, these transactions should only be used as a starting point for further research. 

This list is not exhaustive. It excludes any deals with a value of less than £1,000, shares bought as part of a dividend reinvestment plan (DRIP), and option exercises.

Director buys for the week ending 20 May 2022

Date 

Company 

Director 

Value

Shares

Total Held (%)

16 May

Eurocell Plc

Mark Kelly

£74,254

38,674

0.21

16 May

Eurocell Plc

Michael Scott

£24,751

12,891

0.07

16 May

K3 Business Technology Group PLC

Oliver Scott

£3,011

2,007

25.25

16 May

Brand Architekts Group PLC

Roger McDowell

£34,000

50,000

7.77

16 May

Brand Architekts Group PLC

Roger McDowell

£26,000

40,000

7.48

16 May

Kromek Group PLC

Rakesh Sharma

£30,011

338,344

0.19

16 May

Gear4Music (Holdings) PLC

Andrew Wass

£92,500

50,000

22.68

16 May

Team PLC

Jonathan Clubb

£16,457

27,428

21.25

17 May

Bank Of Georgia Group PLC

Mel Carvill

£242,227

19,018

0.04

17 May

Victrex PLC

Martin Court

£153

9

0.03

17 May

Audioboom Group PLC

Michael Tobin

£19,522

1,176

4.23

18 May

Tpximpact Holdings PLC

Neal Gandhi

£89,797

45,238

9.79

18 May

Flowtech Fluidpower PLC

James Brooke

£18,000

15,000

0.15

18 May

Flowtech Fluidpower PLC

Ailsa Webb

£49,490

39,719

0.07

18 May

Christie Group PLC

David Rugg

£8,008

7,000

0.2

18 May

Christie Group PLC

David Rugg

£6,864

6,000

0.22

18 May

Christie Group PLC

David Rugg

£7,648

7,000

0.17

18 May

Okyo Pharma Corporation

Gabriele Cerrone

£96,871

1,625,000

36.24

18 May

Okyo Pharma Corporation

Gabriele Cerrone

£96,750

25,000

0

18 May

Audioboom Group PLC

Michael Tobin

£19,582

1,194

4.24

18 May

Mears Group PLC

Andrew Smith

£9,557

5,000

0.24

18 May

Mears Group PLC

Andrew Smith

£9,593

5,000

0.23

18 May

Mears Group PLC

Andrew Smith

£9,501

5,000

0.23

18 May

Mears Group PLC

Andrew Smith

£19,139

10,000

0.24

18 May

Volex PLC

Nathaniel Rothschild

£12,240

5,000

24.53

18 May

Bank Of Georgia Group PLC

Alasdair Breach

£306,954

22,788

3.44

18 May

Bank Of Georgia Group PLC

Alasdair Breach

£256,681

20,243

3.39

18 May

Rambler Metals & Mining PLC

Toby Bradbury

£11,700

50,000

0.48

18 May

Sureserve Group PLC

Nicholas Winks

£20,938

25,000

0.09

18 May

Hargreaves Services PLC

Christopher Jones

£50,796

9,000

0.25

18 May

Tpximpact Holdings PLC

Oliver Rigby

£150

79

4.7

19 May

Audioboom Group PLC

Michael Tobin

£59,022

3,901

4.26

19 May

Volex PLC

Nathaniel Rothschild

£77,970

30,000

24.55

19 May

Bank Of Georgia Group PLC

Alasdair Breach

£158,178

11,529

3.47

19 May

Premier Foods PLC

Alex Whitehouse

£10,996

9,663

0.05

19 May

Premier Foods PLC

Duncan Leggett

£19,849

17,442

0.01

19 May

Knights Group Holdings PLC

David Beech

£997,504

936,345

21.14

19 May

Angling Direct PLC

Andrew Torrance

£13,250

25,000

0.06

19 May

Darktrace PLC

Poppy Gustafsson

£99,254

29,496

0.37

19 May

Future PLC

Zillah Byng-Thorne

£99,123

5,182

0.27

19 May

Knights Group Holdings PLC

Kate Lewis

£39,899

38,643

0.12

19 May

Okyo Pharma Corporation

Gabriele Cerrone

£149,979

2,437,500

36.41

20 May

Benchmark Holdings PLC

Yngve Myhre

£4,214

9,469

0.16

20 May

Benchmark Holdings PLC

Yngve Myhre

£29,785

66,932

0.16

20 May

Ocean Wilsons (Holdings) LD

Fiona Beck

£38,800

4,000

0.03

20 May

Wood Group (John) PLC

Robin Watson

£6,568

2,783

0.07

20 May

Audioboom Group PLC

Michael Tobin

£19,725

1,351

4.27

20 May

Howden Joinery Group PLC

Paul Hayes

£1,805

286

0

20 May

Darktrace PLC

Gordon Hurst

£202,950

55,000

0.1

20 May

Ig Group Holdings PLC

Jonathan Moulds

£702,650

100,000

0.02

20 May

Oxford Biodynamics PLC

Matthew Wakefield

£4,350

25,000

0.7

20 May

Homeserve PLC

Ross Clemmow

£151

13

0

20 May

Shoe Zone PLC

Terry Boot

£37,875

25,000

0.07

*Acquired via a placing 

Alasdair Breach, the Non-Executive Independent Director of Bank of Georgia, spent £2.6m to increase his stake in the lender in the week ended 13th May. He continued to buy last week, spending £158,178 to boost his holdings. The director now owns just under 3.5% of the group. 

Roger McDowell, Non-Executive Chairman of Brand Architekts Group, has been taking advantage of the beauty brand’s recent issues to bulk up his stake in the business. The stock is off 62% over the past 12 months and McDowell has increased his holding to 7.8% of the enterprise. 

Legal services group Knights Group Holdings has also seen its share price fall 60%+ over the past year. Chief Executive Officer David Beech spent nearly £1m to capitalise on this fall and increase his holdings of the company to 21.14% last week. Chief Financial Officer Kate Lewis was also buying. 

Director sells for the week ending 20 May 2022

Date 

Company 

Director 

Value

Shares

Total Held (%)

16 May

Energean PLC

Efstathios Topouzoglou

£1,350,482

103,406

9.5

16 May

Goldplat PLC

Gerard Kisbey-Green

£19,500

250,000

1.25

16 May

Goldplat PLC

Gerard Kisbey-Green

£25,188

325,000

1.39

16 May

Cenkos Securities PLC

Julian Morse

£97,742

145,884

2.95

17 May

Team PLC

Jonathan Clubb

£150,791

251,318

16.85

17 May

Rotork PLC

Kiet Huynh

£31,961

11,820

0

17 May

Elixirr International PLC

Simon Retter

£99,999

13,793

0.77

17 May

Elixirr International PLC

Gavin Patterson

£250,002

34,483

1.34

17 May

Elixirr International PLC

Stephen Newton

£799,987

110,343

28.66

17 May

Elixirr International PLC

Graham Busby

£399,997

55,172

2.98

17 May

Rio Tinto PLC

Peter Cunningham

£40,919

762

0

18 May

Marshall Motor Holdings PLC

Richard Blumberger

£1,599,596

399,899

0

18 May

Clarkson PLC

Jeffrey Woyda

£39,404

1,211

0.34

18 May

Clarkson PLC

Andi Case

£156,281

4,803

1.82

18 May

Marshall Motor Holdings PLC

Daksh Gupta

£3,649,868

912,467

0

18 May

Hargreaves Services PLC

Christopher Jones

£50,760

9,000

0.22

19 May

Goldplat PLC

Gerard Kisbey-Green

£30,672

398,333

1.01

19 May

Premier Foods PLC

Alex Whitehouse

£10,808

9,514

0.05

19 May

Premier Foods PLC

Duncan Leggett

£20,052

17,651

0.01

20 May

Rockfire Resources PLC

David Price

£250,000

25,000,000

3.42

20 May

Premier Miton Group PLC

Michael O'Shea

£161,446

133,239

2.41

20 May

Goldplat PLC

Gerard Kisbey-Green

£27,720

360,000

0.79

Executive Chairman of Team PLC, and a major shareholder of the company, Jonathan Clubb dumped 251,318 shares in the financial services group last month, raising £150,791 in the process. Shares in the company are off around 17% in the past year.  

Director selling at financial institutions seemed to be a major trend last week. Directors at Premier Miton and Cenkos Securities also reduced their holdings. This could be nothing more than a coincidence or it could be a sign these managers believe the outlook for smaller financial services groups is deteriorating. 

Source: https://www.youinvest.co.uk/markets/directorsdeals

•  SEE ALSO:

Britain's most-bought shares
Britain's ten most-hated shares

The ten highest dividend yields in the FTSE 100

Recommended

Six high-yielding funds for income investors to buy now
Share tips

Six high-yielding funds for income investors to buy now

Rising interest rates are starting to make many popular income funds look less than attractive. Here, David Stevenson picks six that should weather th…
24 May 2022
How to ask for a pay rise
Personal finance

How to ask for a pay rise

A higher salary is the best way to combat the cost of living crisis. Ask for a pay rise now, says Ruth Jackson-Kirby.
24 May 2022
Britain’s ten most-hated shares – w/e 20 May
Stocks and shares

Britain’s ten most-hated shares – w/e 20 May

Rupert Hargreaves looks at Britain's ten-most hated shares, and what short-sellers are looking right now.
23 May 2022
Britain's most-bought shares w/e 20 May
Stocks and shares

Britain's most-bought shares w/e 20 May

A look at Britain's most-bought shares in the week ending 13 May, providing an insight into how investors are thinking and where opportunities may lie…
23 May 2022

Most Popular

Imperial Brands has an 8.3% yield – but what’s the catch?
Share tips

Imperial Brands has an 8.3% yield – but what’s the catch?

Tobacco company Imperial Brands boasts an impressive dividend yield, and the shares look cheap. But investors should beware, says Rupert Hargreaves. H…
20 May 2022
Barry Norris: we’re already in the 1970s. Here’s how to invest
Investment strategy

Barry Norris: we’re already in the 1970s. Here’s how to invest

Merryn talks to Barry Norris of Argonaut capital about the parallels between now and the 1970s; the transition to “green” energy; and the one sector w…
19 May 2022
Share tips of the week – 20 May
Share tips

Share tips of the week – 20 May

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
20 May 2022