- Next directors sell 50,000 shares
- Saga director buys 1,479,385 shares
- Alliance Witan director buys £113,058 shares
Jane Shields, group sales marketing and HR director at clothing and homeware retailer Next (NXT) (and a related party) have sold 22,000 shares at £109.87 for a total value of £2,417,164 and 28,000 shares at £109.87 for a total value of £3,076,391 on 1 April.
The sales come after the retail bellwether upgraded its sales and earnings guidance again due to a strong start to the new financial year on 27 March.
Year-to-date Next shares have gained 20% compared with a 2% fall in the blue-chip FTSE 100 index.
SAGA DIRECTOR SNAPS UP £1.9 MILLION SHARES
Roger de Haan, non-executive chairman of over-50s lifestyle group Saga (SAGA) has bought 1,479,385 shares at 135p for a total value of £1,998,649 on 9 April.
Haan’s total interest now stands at 26.98% of the company’s issued share capital.
The non-executive chairman’s move could be viewed as a positive step after the company reported a jump of 4% in underlying revenue to £768.3 million for the year to 31 January 2025, while total underlying pre-tax profit was up 25% to £47.8 million, ahead of prior guidance.
Over the past year the shares are up by around a fifth.
ALLIANCE WITAN DIRECTOR BUYS £113,058 SHARES
Dean Buckley, director at newly merged investment trust Alliance Witan (ALW) has bought 10,000 shares at £11.31 for a total value of £113,058 on 3 April.
Buckley’s move comes after the company reported its first set of post-merger figures on 7 March and could be viewed as a vote of confidence.
Year-to-date the trust’s shares are down around 12%.
