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

Team Internet Group plc (LON:TIG) insider Max Royde acquired 50,000 shares of Team Internet Group stock in a transaction 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 ($51,539.91).

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

• On Friday, November 15th, Max Royde purchased 75,000 shares of Team Internet Group stock. The shares were purchased at an average cost of GBX 85 ($1.07) per share, with a total value of £63,750 ($80,138.28).
• On Friday, October 11th, Max Royde acquired 7,000 shares of Team Internet Group stock. The stock was purchased at an average cost of GBX 131 ($1.65) per share, for a total transaction of £9,170 ($11,527.34).
• On Friday, September 6th, Max Royde bought 6,000 shares of Team Internet Group stock. The shares were acquired at an average price of GBX 121 ($1.52) per share, with a total value of £7,260 ($9,126.34).

Team Internet Group Stock Performance

The business’s 50 day simple moving average is GBX 120.56 and its 200-day simple moving average is GBX 154.24. Team Internet Group plc has a 52 week low of GBX 76.40 ($0.96) and a 52 week high of GBX 207.50 ($2.61). The firm has a market capitalization of £194.86 million, a P/E ratio of 1,134.59 and a beta of 0.60.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their price target on Team Internet Group from GBX 205 ($2.58) to GBX 220 ($2.77) and gave the company a “buy” rating in a research note 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.