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

Team Internet Group plc (LON:TIG) insider Max Royde bought 50,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of GBX 82 ($1.03) per share, with a total value of £41,000 ($51,494.60).

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

• On Friday, November 15th, Max Royde bought 75,000 shares of Team Internet Group stock. The stock was bought at an average cost of GBX 85 ($1.07) per share, for a total transaction of £63,750 ($80,067.82).
• On Friday, October 11th, Max Royde purchased 7,000 shares of Team Internet Group stock. The stock was purchased at an average price of GBX 131 ($1.65) per share, for a total transaction of £9,170 ($11,517.21).
• On Friday, September 6th, Max Royde acquired 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 ($9,118.31).

Team Internet Group Price Performance

LON TIG opened at GBX 81 ($1.02) on Tuesday. The company has a market capitalization of £202.61 million, a P/E ratio of 1,168.23 and a beta of 0.60. Team Internet Group plc has a 12 month low of GBX 80.92 ($1.02) and a 12 month high of GBX 207.50 ($2.61). The company’s 50 day simple moving average is GBX 121.63 and its 200 day simple moving average is GBX 154.75.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on Team Internet Group from GBX 205 ($2.57) to GBX 220 ($2.76) 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.