Team Internet Group plc (LON:TIG) Insider Max Royde Acquires 75,000 Shares

Team Internet Group plc (LON:TIG) insider Max Royde acquired 75,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average cost of GBX 85 ($1.08) per share, with a total value of £63,750 ($80,901.02).

Max Royde also recently made the following trade(s):

• On Friday, October 11th, Max Royde bought 7,000 shares of Team Internet Group stock. The shares were bought at an average price of GBX 131 ($1.66) per share, for a total transaction of £9,170 ($11,637.06).
• On Friday, September 6th, Max Royde purchased 6,000 shares of Team Internet Group stock. The stock was bought at an average cost of GBX 121 ($1.54) per share, with a total value of £7,260 ($9,213.20).
• On Friday, August 23rd, Max Royde purchased 8,000 shares of Team Internet Group stock. The shares were bought at an average price of GBX 140 ($1.78) per share, for a total transaction of £11,200 ($14,213.20).

Team Internet Group Stock Up 0.1 %

LON:TIG opened at GBX 85.10 ($1.08) on Wednesday. The company has a market capitalization of £212.87 million, a P/E ratio of 1,215.71 and a beta of 0.60. Team Internet Group plc has a 52 week low of GBX 82.70 ($1.05) and a 52 week high of GBX 207.50 ($2.63). The stock’s fifty day moving average is GBX 125.83 and its two-hundred day moving average is GBX 156.14.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on shares of Team Internet Group from GBX 205 ($2.60) to GBX 220 ($2.79) and gave the stock a “buy” rating in a research report on Monday, August 12th.

About Team Internet Group

Team Internet Group plc provides domain name services worldwide. It operates through two segments, Online Presence and Online Marketing. The Online Presence segment provides domain names through a network of channel partners, as well as selling domain names and ancillary, monitoring, technical, and consultancy services to end users and corporate clients.