Team Internet Group plc (LON:TIG) Insider Buys £70,278.40 in Stock

Team Internet Group plc (LON:TIG) insider Max Royde bought 88,960 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was acquired at an average price of GBX 79 ($1.00) per share, for a total transaction of £70,278.40 ($89,095.33).

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

• On Friday, November 22nd, Max Royde acquired 50,000 shares of Team Internet Group stock. The shares were acquired at an average cost of GBX 82 ($1.04) per share, with a total value of £41,000 ($51,977.69).
• On Friday, November 15th, Max Royde acquired 75,000 shares of Team Internet Group stock. The stock was bought at an average price of GBX 85 ($1.08) per share, for a total transaction of £63,750 ($80,818.97).
• 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, with a total value of £9,170 ($11,625.25).
• On Friday, September 6th, Max Royde acquired 6,000 shares of Team Internet Group stock. The shares were bought at an average cost of GBX 121 ($1.53) per share, with a total value of £7,260 ($9,203.85).

Team Internet Group Trading Down 0.6 %

LON TIG opened at GBX 78 ($0.99) on Thursday. The stock has a 50-day moving average of GBX 118.38 and a 200-day moving average of GBX 153.30. Team Internet Group plc has a 1-year low of GBX 76.40 ($0.97) and a 1-year high of GBX 207.50 ($2.63). The firm has a market cap of £195.11 million, a PE ratio of 1,121.43 and a beta of 0.60.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their target price on shares of Team Internet Group from GBX 205 ($2.60) to GBX 220 ($2.79) and gave the company a “buy” rating in a 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.