Team Internet Group plc (LON:TIG) Insider Max Royde Acquires 47,900 Shares

Team Internet Group plc (LON:TIG) insider Max Royde purchased 47,900 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average cost of GBX 80 ($1.01) per share, for a total transaction of £38,320 ($48,500.19).

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

• On Wednesday, November 27th, Max Royde acquired 88,960 shares of Team Internet Group stock. The shares were bought at an average cost of GBX 79 ($1.00) per share, with a total value of £70,278.40 ($88,948.74).
• On Friday, November 22nd, Max Royde bought 50,000 shares of Team Internet Group stock. The stock was purchased at an average cost of GBX 82 ($1.04) per share, for a total transaction of £41,000 ($51,892.17).
• 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 ($1.08) per share, with a total value of £63,750 ($80,685.99).
• On Friday, October 11th, Max Royde acquired 7,000 shares of Team Internet Group stock. The shares were purchased at an average cost of GBX 131 ($1.66) per share, for a total transaction of £9,170 ($11,606.13).
• On Friday, September 6th, Max Royde bought 6,000 shares of Team Internet Group stock. The stock was purchased at an average price of GBX 121 ($1.53) per share, with a total value of £7,260 ($9,188.71).

Team Internet Group Stock Performance

Shares of LON:TIG opened at GBX 78.60 ($0.99) on Tuesday. The business has a fifty day moving average of GBX 115.27 and a 200-day moving average of GBX 151.88. Team Internet Group plc has a twelve month low of GBX 76.40 ($0.97) and a twelve month high of GBX 207.50 ($2.63). The firm has a market cap of £196.61 million, a PE ratio of 1,127.14 and a beta of 0.60.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their price target on Team Internet Group from GBX 205 ($2.59) to GBX 220 ($2.78) and gave the stock a “buy” rating in a research 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.