Team Internet Group plc (LON:TIG) Insider Max Royde Acquires 88,960 Shares

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

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

• On Friday, November 22nd, Max Royde purchased 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 acquired 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 acquired 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 purchased 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 ($9,203.85).

Team Internet Group Price Performance

Shares of TIG opened at GBX 78 ($0.99) on Thursday. The company has a 50-day simple moving average of GBX 118.38 and a two-hundred day simple moving average of GBX 153.30. The firm has a market capitalization of £195.11 million, a PE ratio of 1,121.43 and a beta of 0.60. 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).

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped 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 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.