Lyssa McGowan, CEO of pet food-to-veterinary services group Pets at Home (PETS) has bought 42,294 shares at 236p for a total value of £99,999 on 29 November.
Pets at Home’s shares recently plunged to a two-year low after it downgraded profit guidance for the year to March 2025.
McGowan might be taking advantage of the cheap share price with her latest move or trying to boost investor confidence in the group.
Year-to-date the shares have lost 27%.
POD POINT CFO BUYS £50,400 SHARES
Michael Killick, interim CFO at electric vehicle charging company Pod Point (PODP) has bought 400,000 shares at 13p for a total value of £50,400 on 2 December.
Killick’s move could be viewed as a confidence boosting as over the past year the shares have fallen 43%.
Back in November, the company celebrated a ‘network milestone’ with the number of EV charge points passing the 250,000 level.
FORESIGHT SOLAR FUND DIRECTORS BUY
Alex Ohlsson, chair, and non-executive director of Foresight Solar Fund (FSFL) has bought 88,929 ordinary shares at 80p for a total value of £71,143.20 on 2 December.
The sustainability focused fund invests in solar and battery storage assets in the UK and overseas.
Ohlsson has an interest in 275,000 ordinary shares representing approximately 0.05% of the company’s issued ordinary share capital.
This builds upon Ohlsson’s purchase of 11,071 ordinary shares in late November.
Other non-executive directors in the company have also bought including Christopher Ambler - 18,567 ordinary shares and Tony Roper and Lynn Cleary buying 15,000 ordinary shares each.
Roper’s move follows his appointment as a non-executive director of the fund.