(Sharecast News) - The chairman of Close Brothers Group picked up some shares in the wake of the specialist financial services group's half-year results.
On 19 March, Michael Biggs purchased 5,000 shares for approximately 288p each, for a total transaction amount of 14,420.00.
Close Brothers's share price had fallen sharply the day before, after reporting that it had fallen deep into red ink as a result of a 165m provision tied to motor finance commissions.
For the six months ending on 31 January, the firm said that it had incurred in a loss before tax of 103m.
For their part, in a research note published on 18 March analysts at ShoreCap told clients that
"We expect shares may come off a bit today on the weak NIM guidance but continue to view the overall risk/reward as favourable with our fair value of 450p implying 30% upside. BUY."
Top Director Buys
Jadestone Energy (JSE)
Director name: Fairclough,Andrew
Amount purchased: 83,625 @ 2,390.00p
Value: 1,998,637.47
Jadestone Energy (JSE)
Director name: Mendelson ,John
Amount purchased: 83,467 @ 2,390.00p
Value: 1,994,861.27
Jadestone Energy (JSE)
Director name: Mendelson ,John
Amount purchased: 83,466 @ 2,390.00p
Value: 1,994,837.37
Diversified Energy Company (DEC)
Director name: Turner, Jr.,David J
Amount purchased: 15,000 @ $13.19
Value: $163,148.34
Informa (INF)
Director name: Smalley,Louise
Amount purchased: 5,050 @ 778.88p
Value: 39,333.44
Close Brothers Group (CBG)
Director name: Biggs,Michael N
Amount purchased: 5,000 @ 288.40p
Value: 14,420.00
Diversified Energy Company (DEC)
Director name: Johnson,David Edward
Amount purchased: 1,250 @ 1,020.00p
Value: 12,750.00
Real Estate Credit Investments Ltd (RECI)
Director name: Thompson,Mark
Amount purchased: 10,000 @ 124.44p
Value: 12,443.60
(HWG)
Director name: Patmore,Katerina
Amount purchased: 6,310 @ 170.10p
Value: 10,733.31
The Renewables Infrastructure Group Limited (TRIG)
Director name: Trixl,Erna-Maria
Amount purchased: 13,650 @ 72.90p
Value: 9,950.58
Savills (SVS)
Director name: Waters ,John
Amount purchased: 1,000 @ 974.92p
Value: 9,749.20
Ct Automotive Group (CTA)
Director name: Bench,Raymond John
Amount purchased: 25,659 @ 27.28p
Value: 6,999.78
Europa Oil & Gas (holdings) (EOG)
Director name: Holland,Will
Amount purchased: 765,763 @ 0.71p
Value: 5,436.92
Sabre Insurance Group (SBRE)
Director name: Carter,Geoffrey Richard
Amount purchased: 3,805 @ 131.40p
Value: 4,999.77
Ct Automotive Group (CTA)
Director name: Bench,Raymond John
Amount purchased: 11,070 @ 27.10p
Value: 2,999.97
Johnson Matthey (JMAT)
Director name: Condon,Liam
Amount purchased: 27 @ 1,444.72p
Value: 390.07
Johnson Matthey (JMAT)
Director name: Oxley,Stephen
Amount purchased: 24 @ 1,444.72p
Value: 346.73
Assura (AGR)
Director name: Cottam,Jayne
Amount purchased: 918 @ 36.30p
Value: 333.23
Assura (AGR)
Director name: Murphy,Jonathan
Amount purchased: 918 @ 36.30p
Value: 333.23
Howden Joinery Group (HWDN)
Director name: Livingston,Andrew
Amount purchased: 21 @ 742.50p
Value: 155.93
Howden Joinery Group (HWDN)
Director name: Hayes,Paul
Amount purchased: 20 @ 742.50p
Value: 148.50
Pennon Group (PNN)
Director name: Davy ,Susan
Amount purchased: 34 @ 434.00p
Value: 147.56
Pennon Group (PNN)
Director name: Flowerdew,Laura
Amount purchased: 34 @ 434.00p
Value: 147.56
Top Director Sells
Boku, Inc (di) Reg S Cat 3/144a (BOKU)
Director name: Prideaux ,Jonathan Peter
Amount sold: 349,205 @ 166.00p
Value: 579,680.29
Boku, Inc (di) Reg S Cat 3/144a (BOKU)
Director name: Prideaux ,Jonathan Peter
Amount sold: 343,700 @ 166.00p
Value: 570,541.99
Keller Group (KLR)
Director name: Burke,David
Amount sold: 33,773 @ 1,408.00p
Value: 475,523.84
Boku, Inc (di) Reg S Cat 3/144a (BOKU)
Director name: Neal,Stuart Paul
Amount sold: 60,300 @ 166.00p
Value: 100,098.00