Directors dealings: TalkTalk non-exec piles in

30th Nov 2016 16:02

(ShareCast News) - Talk Talk's Roger Taylor showed conviction in the broadband provider's prospects, making away with a very large number of shares via two purchases.The non-executive director paid a total of £3.17m for 2.0m shares in two transactions carried out on 28 and 29.The company's shares had been under intense pressure of late, including over worries regarding the sustainability of the firm's dividend.On 21 November, analyst Nick Delfas at Redburn slashed his target price on the stock from 150p to 100p and downgraded his recommendation from 'neutral' to 'sell'.Talk Talk´s strategy of raising prices on a shrinking customer base was a poor proposition, even more so with growth in the overall market flat, Delfas said. Top Director BuysTalktalk Telecom Group (TALK)Director name: Taylor,RogerAmount purchased: 1,159,369 @ 155.78pValue: £1,806,105.59Talktalk Telecom Group (TALK)Director name: Taylor,RogerAmount purchased: 840,631 @ 162.27pValue: £1,364,112.95Gb Group (GBG)Director name: Rasche,David AAmount purchased: 41,500 @ 240.00pValue: £99,600.00Oilex Ltd. (OEX)Director name: Salomon ,Jonathan Amount purchased: 12,987,013 @ $0.01Value: $82,203.04Vpc Specialty Lending Investments (VSL)Director name: Levy,RichardAmount purchased: 87,112 @ 70.88pValue: £61,744.99C4x Discovery Holdings (C4XD)Director name: Dix,CliveAmount purchased: 40,000 @ 97.00pValue: £38,800.00Hogg Robinson Group (HRG)Director name: Hubka,Ashley Amount purchased: 50,000 @ 68.00pValue: £34,000.00Cls Holdings (CLI)Director name: Mortstedt,PhilipAmount purchased: 1,000 @ 1,589.92pValue: £15,899.24Porvair (PRV)Director name: Stocks,BenAmount purchased: 3,997 @ 334.00pValue: £13,349.98Porvair (PRV)Director name: Stocks,BenAmount purchased: 2,247 @ 386.00pValue: £8,673.42Record (REC)Director name: Cullen,SteveAmount purchased: 704 @ 32.00pValue: £225.28Arrow Global Group (ARW)Director name: Hamilton,StewartAmount purchased: 51 @ 297.10pValue: £151.52Harvey Nash Group (HVN)Director name: Ellis,AlbertAmount purchased: 221 @ 68.00pValue: £150.28Harvey Nash Group (HVN)Director name: Ashcroft,RichardAmount purchased: 221 @ 68.00pValue: £150.28Harvey Nash Group (HVN)Director name: Wassall,SimonAmount purchased: 221 @ 68.00pValue: £150.28Rockhopper Exploration (RKH)Director name: MacDonald,StewartAmount purchased: 674 @ 22.25pValue: £149.96 (CHT)Director name: Parmar,Paul PAmount purchased: 2,962,804 @ n/aValue: n/aTop Director SellsAuto Trader Group (AUTO)Director name: Glithero,SeanAmount sold: 600,000 @ 398.75pValue: £2,392,493.96Gb Group (GBG)Director name: Law,Richard AnthonyAmount sold: 850,000 @ 240.00pValue: £2,040,000.08Datatec Ltd. (di) (DTC)Director name: Seabrooke,Christopher SAmount sold: 348,437 @ R46.37Value: R967,428.38Dechra Pharmaceuticals (DPH)Director name: Page,IanAmount sold: 58,633 @ 1,280.00pValue: £750,502.41Datatec Ltd. (di) (DTC)Director name: Seabrooke,Christopher SAmount sold: 151,563 @ R45.59Value: R413,701.86Altitude Group (ALT)Director name: Varley,Martin RoyAmount sold: 500,000 @ 79.00pValue: £395,000.01Gb Group (GBG)Director name: Law,Richard AnthonyAmount sold: 150,000 @ 243.00pValue: £364,500.01Dechra Pharmaceuticals (DPH)Director name: Griffin ,Tony Amount sold: 17,133 @ 1,292.00pValue: £221,358.36 (CHT)Director name: Parmar,Paul PAmount sold: 6,993,563 @ n/aValue: n/a (CHT)Director name: Parmar,Paul PAmount sold: 2,962,804 @ n/aValue: n/a (CHT)Director name: Parmar,Paul PAmount sold: 17,862,074 @ n/aValue: n/a