(Sharecast News) - City Pub chief, Clive Watson, added to his holdings in the firm, right as the stock peeped above its 200-day moving average following the release of the company's latest trading statement.Watson picked-up 40,000 shares at 209p a pop on Wednesday for a total transaction amount of roughly £83,600, the company said.In a trading update, the AIM-listed firm's management said earnings were in-line with expectations and provided further details to markets on its acquisition pipeline.Commenting on the update, analysts at Berenberg said they believed the company "can create substantial value" from both its development assets and future purchases over the next few years, predicting that 2019 would be "another transformational year".Shares of the roughly £122.0m market cap outfit finished the session right up against their 200-day moving average, having finished the day in the green on higher-than-usual trading volumes, albeit having left a couple of 'bullish' gaps behind on the way back up from their December 2018 lows.Top Director BuysValue And Income Trust (VIN)Director name: Oakeshott,Matthew AAmount purchased: 205,000 @ 263.00pValue: £539,150.02Boku, Inc (di) Reg S Cat 3/144a (BOKU)Director name: Britto,Mark JorgeAmount purchased: 400,000 @ 75.00pValue: £300,000.00Value And Income Trust (VIN)Director name: Oakeshott,Matthew AAmount purchased: 75,000 @ 263.00pValue: £197,250.01Value And Income Trust (VIN)Director name: Oakeshott,Matthew AAmount purchased: 75,000 @ 263.00pValue: £197,250.01Value And Income Trust (VIN)Director name: Oakeshott,Matthew AAmount purchased: 50,000 @ 263.00pValue: £131,500.01Caledonia Investments (CLDN)Director name: Wyatt,WilliamAmount purchased: 3,000 @ 2,940.00pValue: £88,200.00Caledonia Investments (CLDN)Director name: Wyatt,WilliamAmount purchased: 2,930 @ 2,940.00pValue: £86,142.00The City Pub Group (CPC)Director name: Watson,CliveAmount purchased: 40,000 @ 209.03pValue: £83,610.00Card Factory (CARD)Director name: Hubbard,Karen Amount purchased: 40,417 @ 171.03pValue: £69,125.19Caledonia Investments (CLDN)Director name: Wyatt,WilliamAmount purchased: 2,000 @ 2,940.00pValue: £58,800.00Caledonia Investments (CLDN)Director name: Wyatt,WilliamAmount purchased: 2,000 @ 2,940.00pValue: £58,800.00Greencore Group (GNC)Director name: Rose,HelenAmount purchased: 25,000 @ 188.15pValue: £47,037.50Udg Healthcare Public Limited Company (UDG)Director name: Ricciardi,Lisa Amount purchased: 6,745 @ $7.41Value: $39,869.53Card Factory (CARD)Director name: Hubbard,Karen Amount purchased: 5,824 @ 170.44pValue: £9,926.43Taptica International (di) (TAP)Director name: Zehavi,RonniAmount purchased: 1,424 @ 439.00pValue: £6,251.36Taptica International (di) (TAP)Director name: Zehavi,RonniAmount purchased: 1,460 @ 428.00pValue: £6,248.80Personal Assets Trust (PNL)Director name: Ferguson,IainAmount purchased: 3 @ 39,345.00pValue: £1,180.35Personal Assets Trust (PNL)Director name: Rushbrook ,Frank Amount purchased: 2 @ 39,347.50pValue: £786.95Personal Assets Trust (PNL)Director name: Rushbrook ,Frank Amount purchased: 2 @ 39,347.50pValue: £786.95Sthree (STHR)Director name: Smith,AlexAmount purchased: 69 @ 274.50pValue: £189.40Sthree (STHR)Director name: Elden,GaryAmount purchased: 69 @ 274.50pValue: £189.40Top Director SellsCard Factory (CARD)Director name: Hubbard,Karen Amount sold: 40,417 @ 170.50pValue: £68,910.99Altona Energy (ANR)Director name: Hales,RobertAmount sold: 13,320 @ 32.30pValue: £4,302.36Altona Energy (ANR)Director name: Hales,RobertAmount sold: 4,184 @ 31.30pValue: £1,309.59