Chief executive of acquisitive legal services company Knights (KGH:AIM) David Beech purchased 936,345 shares at 106.53p on 19 May, worth just under £1 million. Beech is the largest shareholder in the company. Other company directors purchased over £115,000 worth of shares following a positive full-year trading update. The group anticipates revenues to 30 April 2022 to increase by 22% to ...

It is one thing for analysts to forecast which stocks and sectors will do well in a rising-rate or inflationary environment, but when it actually comes to pass it’s always fascinating to see what works in practice. Judging by the list of stocks making 12-month highs over the past week, those who favoured real assets were on the money. Standing tall are 3i Infrastructure (3IN), AEW UK REIT ...

Shares in Knights Group (KGH:AIM), the acquisitive legal services firm, jumped 4% to 450p after it announced a deal to buy Mundays, one of the south east’s  biggest commercial law firms. Established over sixty years ago in Weybridge, Mundays is a full-service independent law firm with a strong corporate, real estate and private client offering. Revenues for the year to last July were ...

Iconic boot brand Dr Martens (DOCS) has enjoyed a strong start to life on the stock market with its shares very much in demand from investors. Such demand has also helped three of its directors land huge windfalls, who all sold a big chunk of shares at the 370p issue price, which was at the top end of its IPO price range. Chief executive Kenny Wilson bagged £20.4 million after selling over ...

In a year in which ‘quality growth’ stocks stretched their outperformance over ‘value’ stocks, notwithstanding a late bounce-back in the latter on the announcement of a Covid vaccine, it seems odd that UK investors should have overlooked the legal sector. As it is, most legal services and related stocks registered double-digit percentage losses last year with many underperforming the ...

The crisis has created something of a structural shift in the legal sector, with many traditional Top 100 law firms having to ask partners to put up cash to keep their businesses going. This has provided legal and professional services business Knights (KGH:AIM) with a unique opportunity to tempt senior fee-earners away from the big law firms, together with their client base. Knights was ...