Director dealings: New Dunelm boss picks-up more shares near multi-year lows

23rd Jul 2018 07:33

(Sharecast News) - Recently-appointed Dunelm boss Nick Wilkinson doubled his holdings in the furniture retailer's stock at the end of last week, even as its shares were trading just above the multi-year lows plumbed just a handful of sessions before.Wilkinson, who became group chief executive officer on 1 February, 2018, picked-up 48,876 shares for 508.95p apiece, for a total transaction amount of roughly £248,754.That left him holding 87,731 shares in the company, equivalent to 0.04% of its share capital.On 12 July, the company reported that it was going into the end of the season with more stock than anticipated, which analysts at Peel Hunt said would result in a larger-than-expected 90 basis point drop in its full-year gross margins (Peel Hunt: -30bp) than they had penciled-in.A resulting £3m provision for those stocks and lower GMs after it was unable to hit volume supplier discounts also meant that management guided towards profits before tax for the year of £102m (consensus: £107m).Peel Hunt revised down its estimates for Dunelm's PBT for fiscal years 2018 and 2019 in the wake of the company's update, from £107m and £120.7m to £102m and £111m, respectively."The scale of downgrades remain disappointing, although much of this is a function of external conditions and unfavourable weather in Q4 rather than Dunelm specific concerns," the broker added as it reiterated its 'hold' recommendation for the shares.As of 0843 BST, shares of Dunelm were dipping 0.29% to 515.50p.Top Director BuysDunelm Group (DNLM)Director name: Wilkinson,Nick Amount purchased: 48,876 @ 508.95pValue: £248,754.40Value And Income Trust (VIN)Director name: Oakeshott,Matthew AAmount purchased: 50,000 @ 270.00pValue: £135,000.00Severfield (SFR)Director name: Randall,DerekAmount purchased: 141,736 @ 82.20pValue: £116,507.00Btg (BTG)Director name: Thorburn,AnneAmount purchased: 15,000 @ 499.81pValue: £74,971.50Beazley (BEZ)Director name: Stuchbery,Robert AAmount purchased: 9,500 @ 528.10pValue: £50,169.50Safestyle Uk (SFE)Director name: Lovell,AlanAmount purchased: 100,000 @ 35.70pValue: £35,700.00Future (FUTR)Director name: Newman,AlanAmount purchased: 5,000 @ 494.90pValue: £24,745.00Maistro (MAIS)Director name: Cleverly,IanAmount purchased: 250,000 @ 4.00pValue: £10,000.00Maistro (MAIS)Director name: Cook,Laurence Amount purchased: 250,000 @ 4.00pValue: £10,000.00Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 7 @ 39,851.75pValue: £2,789.62Oxford Biomedica (OXB)Director name: Tallarigo ,Lorenzo Amount purchased: 306 @ 867.00pValue: £2,653.02Personal Assets Trust (PNL)Director name: Ferguson,IainAmount purchased: 5 @ 39,851.75pValue: £1,992.59Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 5 @ 39,851.75pValue: £1,992.59Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 5 @ 39,836.00pValue: £1,991.80Personal Assets Trust (PNL)Director name: Sharp,Jean Amount purchased: 4 @ 40,012.67pValue: £1,600.51Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 4 @ 39,837.50pValue: £1,593.50Personal Assets Trust (PNL)Director name: Rushbrook ,Frank Amount purchased: 3 @ 39,851.75pValue: £1,195.55Personal Assets Trust (PNL)Director name: Ferguson,IainAmount purchased: 3 @ 39,851.75pValue: £1,195.55Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 1 @ 40,025.00pValue: £400.25Personal Assets Trust (PNL)Director name: Rushbrook ,Frank Amount purchased: 1 @ 39,851.75pValue: £398.52Homeserve (HSV)Director name: Rusin,TomAmount purchased: 16 @ 983.36pValue: £157.34Fidessa Group (FDSA)Director name: Skelton ,Andy Amount purchased: 4 @ 3,870.00pValue: £154.80Homeserve (HSV)Director name: Ford,JohnathanAmount purchased: 15 @ 983.36pValue: £147.50Homeserve (HSV)Director name: Harpin,RichardAmount purchased: 15 @ 983.36pValue: £147.50Homeserve (HSV)Director name: Bower,DavidAmount purchased: 15 @ 983.36pValue: £147.50Britvic (BVIC)Director name: Litherland,SimonAmount purchased: 18 @ 778.00pValue: £140.04Paypoint (PAY)Director name: Taylor,DominicAmount purchased: 14 @ 949.00pValue: £132.86Paypoint (PAY)Director name: Court,Susan Amount purchased: 14 @ 949.00pValue: £132.86Paypoint (PAY)Director name: Wilde,Katy Amount purchased: 13 @ 949.00pValue: £123.37Paypoint (PAY)Director name: Kentleton,Rachel Amount purchased: 13 @ 949.00pValue: £123.37Paypoint (PAY)Director name: Alcraft,Lewis Amount purchased: 13 @ 949.00pValue: £123.37Paypoint (PAY)Director name: Marchant,JonAmount purchased: 13 @ 949.00pValue: £123.37Britvic (BVIC)Director name: Barwell,Matt Amount purchased: 15 @ 778.00pValue: £116.70Fidessa Group (FDSA)Director name: Aspinwall,ChrisAmount purchased: 3 @ 3,870.00pValue: £116.10Fidessa Group (FDSA)Director name: Waltho,Jonathan Amount purchased: 3 @ 3,870.00pValue: £116.10Fidessa Group (FDSA)Director name: Hamer,JohnAmount purchased: 3 @ 3,870.00pValue: £116.10On The Beach Group (OTB)Director name: Vickerstaff,KirsteenAmount purchased: 22 @ 462.00pValue: £101.64Top Director SellsRpc Group (RPC)Director name: Vervaat,Petrus R MAmount sold: 48,459 @ 764.40pValue: £370,420.60Rpc Group (RPC)Director name: Kesterton,SimonAmount sold: 33,510 @ 764.40pValue: £256,150.44Norcros (NXR)Director name: Kelsall,NickAmount sold: 100,046 @ 212.00pValue: £212,097.51Obtala Limited (OBT)Director name: Pelham,Miles CAmount sold: 1,200,000 @ 7.85pValue: £94,200.00Polar Capital Technology Trust (PCT)Director name: Hames,PeterAmount sold: 4,000 @ 1,306.00pValue: £52,240.00