Team Internet Group plc (LON:TIG) Insider Buys £38,320 in Stock

Team Internet Group plc (LON:TIG) insider Max Royde acquired 47,900 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was purchased at an average price of GBX 80 ($1.01) per share, with a total value of £38,320 ($48,555.50).

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

• On Wednesday, November 27th, Max Royde bought 88,960 shares of Team Internet Group stock. The stock was purchased at an average price of GBX 79 ($1.00) per share, for a total transaction of £70,278.40 ($89,050.18).
• On Friday, November 22nd, Max Royde acquired 50,000 shares of Team Internet Group stock. The stock was acquired at an average price of GBX 82 ($1.04) per share, for a total transaction of £41,000 ($51,951.34).
• On Friday, November 15th, Max Royde bought 75,000 shares of Team Internet Group stock. The stock was acquired at an average price of GBX 85 ($1.08) per share, for a total transaction of £63,750 ($80,778.00).
• On Friday, October 11th, Max Royde purchased 7,000 shares of Team Internet Group stock. The shares were acquired at an average price of GBX 131 ($1.66) per share, with a total value of £9,170 ($11,619.36).
• On Friday, September 6th, Max Royde acquired 6,000 shares of Team Internet Group stock. The stock was bought at an average price of GBX 121 ($1.53) per share, for a total transaction of £7,260 ($9,199.19).

Team Internet Group Stock Performance

TIG stock opened at GBX 79 ($1.00) on Wednesday. The company has a market capitalization of £197.61 million, a PE ratio of 1,128.57 and a beta of 0.60. The company’s 50 day moving average price is GBX 114.26 and its two-hundred day moving average price is GBX 151.38. Team Internet Group plc has a one year low of GBX 76.40 ($0.97) and a one year high of GBX 207.50 ($2.63).

Analyst Ratings Changes

Separately, Berenberg Bank increased their price target 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 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.