Team Internet Group plc (LON:TIG) Insider Max Royde Purchases 50,000 Shares

Team Internet Group plc (LON:TIG) insider Max Royde bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were purchased at an average price of GBX 82 ($1.03) per share, for a total transaction of £41,000 ($51,494.60).

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

• On Friday, November 15th, Max Royde acquired 75,000 shares of Team Internet Group stock. The stock was acquired at an average cost of GBX 85 ($1.07) per share, with a total value of £63,750 ($80,067.82).
• On Friday, October 11th, Max Royde purchased 7,000 shares of Team Internet Group stock. The stock was acquired at an average cost of GBX 131 ($1.65) per share, for a total transaction of £9,170 ($11,517.21).
• On Friday, September 6th, Max Royde acquired 6,000 shares of Team Internet Group stock. The shares were bought at an average price of GBX 121 ($1.52) per share, for a total transaction of £7,260 ($9,118.31).

Team Internet Group Stock Down 1.2 %

TIG opened at GBX 81 ($1.02) on Tuesday. The firm has a market capitalization of £202.61 million, a P/E ratio of 1,168.23 and a beta of 0.60. The firm’s 50 day moving average is GBX 121.63 and its 200-day moving average is GBX 154.75. Team Internet Group plc has a 52-week low of GBX 80.92 ($1.02) and a 52-week high of GBX 207.50 ($2.61).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised their price objective on Team Internet Group from GBX 205 ($2.57) to GBX 220 ($2.76) and gave the company a “buy” rating in a research report on Monday, August 12th.

Team Internet Group Company Profile

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.