- Dr.Martens CEO makes big purchase
- Griffin director cashes in on strong share price
- Polar Capital CEO Gavin Rochussen dumps shares from scheme
CEO of footwear brand Dr. Martens (DOCS) Kenny Wilson has bought 309,948 shares at 129p for a total value of £399,999 on 17 July.
The purchase comes after the company reported ‘milestone’ revenue of £1 billion on 1 June up 10% with brights spots of trading in Japan, Europe Middle East and Africa. However, the results were a mixed bag with pre-tax profits falling 26% to £159.4 million.
Wilson could be capitalising on a discounted share price with this move. Dr.Martens shares are down 27% year-to-date at the 142p mark.
GRIFFIN MINING DIRECTOR SELLS OVER £350,000 SHARES
Non-executive director of miner Griffin Mining (GFM:AIM) Adam Usdan has sold 414,470 shares at 86p for a total value of £356,444 on 20 July.
The company recently reported ‘record’ production results for the three months to 30 June 2023. Griffin owns and operates 88.8% the Caijiaying Zinc Gold Mine in China which has continued to increase production, despite its long 18-year history.
Griffin shares have been performing well year-to-date up over 7% to 79p.
POLAR CAPITAL CEO SELLS JUST UNDER £200,000 SHARES
CEO of specialist asset manager firm Polar Capital Holdings (POLR:AIM) Gavin Rochussen has sold 42,566 shares at 466p for a total value of £198,310 on 19 July gifted to him as part of the company’s long term investment share share plan.
Rochussen was initially given these tranches of shares on 16 July 2018.
Polar Capital’s global head of distribution Iain Evans was also given shares as part of the scheme five years ago and sold 15,963 shares at 466p for a total value of £74,370 on 19 July.
The asset manager has not been performing well of late, after a disastrous trading update in April, and more recently the company reported a 13% fall in AUM (assets under management) for the year ending 31 March 2023 to £19.6 billion continuing the trend.
