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

Team Internet Group plc (LON:TIG - Get Free Report) insider Max Royde bought 47,900 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The shares were acquired at an average price of GBX 80 ($1.01) per share, with a total value of £38,320 ($48,500.19).

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

• On Wednesday, November 27th, Max Royde purchased 88,960 shares of Team Internet Group stock. The stock was 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 purchased 50,000 shares of Team Internet Group stock. The shares were 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 bought 75,000 shares of Team Internet Group stock. The shares were acquired at an average price of GBX 85 ($1.08) per share, for a total transaction of £63,750 ($80,685.99).
• On Friday, October 11th, Max Royde purchased 7,000 shares of Team Internet Group stock. The shares were acquired at an average price of GBX 131 ($1.66) per share, for a total transaction of £9,170 ($11,606.13).
• On Friday, September 6th, Max Royde acquired 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 ($9,188.71).

Team Internet Group Price Performance

Shares of TIG stock traded up GBX 0.10 ($0.00) during trading hours on Tuesday, hitting GBX 79 ($1.00). The company had a trading volume of 1,120,300 shares, compared to its average volume of 609,309. Team Internet Group plc has a fifty-two week low of GBX 76.40 ($0.97) and a fifty-two week high of GBX 207.50 ($2.63). The company's fifty day moving average is GBX 115.27 and its 200 day moving average is GBX 151.88. The stock has a market capitalization of £197.61 million, a PE ratio of 1,128.57 and a beta of 0.60.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their price objective on Team Internet Group from GBX 205 ($2.59) to GBX 220 ($2.78) 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.