Peter Cowgill, non-executive chairman of sportswear retailer JD Sports Fashion Plc (JD) has sold over £20 million worth of shares.
The disposal of 10 million shares was made on January 13th at a price of 213.2p. Following the transaction Cowgill retains an interest of 9,714,670 shares, equivalent to 0.19% of the company.
Shares in the group have risen by 15.6% over the last year, but over the last month have fallen by 9.8%.
Earlier this week the shares were marked down by 3.3% to 211.5p, despite the group forecasting a full year earnings beat after enjoying bumper sales over the Christmas period.
The tracksuits-to-trainers seller now forecasts a headline pre-tax profit of at least £875 million, ahead of market expectations averaging £810 million
Roger Yates, non-executive chairman of wealth manager St James Place (SJP) has bought shares worth over £220,000.
Shares in the group were acquired on January 12th in two separate transactions, each for 10,000 shares. The first trade was at a price of £11.19 and the second for £11.18.
Shares in the wealth manager have performed strongly rising by 39% over the past year. In late October 2021, the group updated the market on new business inflows and funds under management.
RECORD ASSETS UNDER MANGEMENT
Assets under management reached record levels by increasing 14% to £148.06 billion year to date.
The wealth manager also reported net inflows of £2.6bn for the three months to the end of September, compared to £1.4bn for the same period in 2020.
The firm expects growth in gross inflows for the full year to be around 25%.