Team Internet Group plc (LON:TIG) Insider Buys £63,750 in Stock

Team Internet Group plc (LON:TIG) insider Max Royde acquired 75,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of GBX 85 ($1.08) per share, for a total transaction of £63,750 ($80,901.02).

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

• On Friday, October 11th, Max Royde acquired 7,000 shares of Team Internet Group stock. The stock was acquired at an average cost of GBX 131 ($1.66) per share, with a total value of £9,170 ($11,637.06).
• On Friday, September 6th, Max Royde purchased 6,000 shares of Team Internet Group stock. The stock was acquired at an average cost of GBX 121 ($1.54) per share, with a total value of £7,260 ($9,213.20).
• On Friday, August 23rd, Max Royde acquired 8,000 shares of Team Internet Group stock. The shares were bought at an average cost of GBX 140 ($1.78) per share, for a total transaction of £11,200 ($14,213.20).

Team Internet Group Trading Up 0.1 %

Shares of LON:TIG opened at GBX 85.10 ($1.08) on Wednesday. Team Internet Group plc has a 52 week low of GBX 82.70 ($1.05) and a 52 week high of GBX 207.50 ($2.63). The company’s 50 day moving average is GBX 125.83 and its two-hundred day moving average is GBX 156.14. The company has a market cap of £212.87 million, a PE ratio of 1,215.71 and a beta of 0.60.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their price objective on Team Internet Group from GBX 205 ($2.60) to GBX 220 ($2.79) 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.