- Kier CFO sells £713,825 shares
- Trustpilot chair buys
- Hikma director buys 14,000 shares
Simon Kesterton, finance chief at infrastructure and construction services outfit Kier Group (KIE) has sold 350,000 shares at 203p for a total value of £713,825 on 17 September.
Kesterton’s move comes after the FTSE 250 firm reported better-than-expected annual results (16 September) which saw shares gain 7% on the day.
The company also said trading is ‘slightly ahead’ of expectations in the new financial year-to-date.
Kier’s CFO could be cashing in on recent share price gains – year-to-date the shares are up 46%.
TRUSTPILOT CHAIR BUYS £60,000 SHARES
Chair and and non-executive director Zillah Byng-Thorne at customer feedback platform Trustpilot (TRST) has purchased 27,755 shares at 215p for a total value of £59,687 on 18 September.
Max Thorne, a person closely connected with Byng-Thorne purchased 16,500 shares at 212p for a total consideration of £35,046 on the same day.
The move comes after the global review platform reported a strong set of results for the first half of the year and a £30 million share buyback programme (16 September).
The company also reported a 70% rise in adjusted EBITDA (earnings before interest, taxation, depreciation, and amortisation) to $18 million.
Year-to-date the shares have fallen 23% but Damm might be selling on the strong share price gain on the day of the results – 7%.
HIKMA EXECUTIVE VICE CHAIRMAN BUYS 14,000 SHARES
Mazen Darwazah, executive vice chairman of multinational pharmaceutical company Hikma Pharmaceuticals (HIK) has bought 14,000 shares at £16.03 for a total value of £224,417.76 on 16 September.
Darwazah’s move follows the stock hitting 20-month lows in recent weeks after it reported a 7% fall in operating profit on 7 August.
The vice chairman could be taking advantage of the heavily discounted share price.
