Team Internet Group plc (LON:TIG) Insider Max Royde Purchases 88,960 Shares

Team Internet Group plc (LON:TIG - Get Free Report) insider Max Royde acquired 88,960 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average price of GBX 79 ($1.00) per share, with a total value of £70,278.40 ($89,095.33).

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

• On Friday, November 22nd, Max Royde purchased 50,000 shares of Team Internet Group stock. The shares were bought at an average cost of GBX 82 ($1.04) per share, for a total transaction of £41,000 ($51,977.69).
• On Friday, November 15th, Max Royde bought 75,000 shares of Team Internet Group stock. The stock was bought at an average price of GBX 85 ($1.08) per share, for a total transaction of £63,750 ($80,818.97).
• On Friday, October 11th, Max Royde bought 7,000 shares of Team Internet Group stock. The stock was purchased at an average cost of GBX 131 ($1.66) per share, with a total value of £9,170 ($11,625.25).
• On Friday, September 6th, Max Royde bought 6,000 shares of Team Internet Group stock. The shares were bought at an average cost of GBX 121 ($1.53) per share, for a total transaction of £7,260 ($9,203.85).

Team Internet Group Stock Up 0.6 %

Shares of LON:TIG traded up GBX 0.50 ($0.01) during midday trading on Thursday, reaching GBX 79 ($1.00). 680,296 shares of the company traded hands, compared to its average volume of 604,900. The firm's fifty day moving average price is GBX 118.38 and its two-hundred day moving average price is GBX 153.30. Team Internet Group plc has a 12 month low of GBX 76.40 ($0.97) and a 12 month high of GBX 207.50 ($2.63). The firm has a market capitalization of £197.61 million, a price-to-earnings ratio of 1,114.29 and a beta of 0.60.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price target on shares of Team Internet Group from GBX 205 ($2.60) to GBX 220 ($2.79) and gave the company 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.