Team Internet Group plc (LON:TIG) Insider Buys £41,000 in Stock

Team Internet Group plc (LON:TIG - Get Free Report) insider Max Royde purchased 50,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was acquired at an average cost of GBX 82 ($1.03) per share, for a total transaction 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 shares were purchased 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 bought 7,000 shares of Team Internet Group stock. The shares were purchased at an average cost of GBX 131 ($1.65) per share, for a total transaction of £9,170 ($11,517.21).
• On Friday, September 6th, Max Royde purchased 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 Stock Performance

TIG traded down GBX 1 ($0.01) during trading on Monday, reaching GBX 81 ($1.02). 411,230 shares of the company's stock were exchanged, compared to its average volume of 616,717. The company's fifty day moving average price is GBX 121.63 and its 200-day moving average price is GBX 154.75. Team Internet Group plc has a fifty-two week low of GBX 80.92 ($1.02) and a fifty-two week high of GBX 207.50 ($2.61). The firm has a market capitalization of £202.61 million, a PE ratio of 1,168.23 and a beta of 0.60.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price objective on shares of 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.

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.