- Prudential director buys shares
- Serica Energy CEO loads up
- YouGov director also buys shares
George Sartorel, non-executive director at life insurance giant Prudential (PRU), bought 8,000 shares at 725p for a total value of £58,000 on 8 July.
Sartorel’s move comes after the company announced a $2 billion share buyback programme on 24 June due to be completed no later than mid-2026.
Prudential shares have lost nearly 30% of their value over the past year and Sartorel’s move could be viewed by some as a spot of bargain-hunting.
Devish Mishra, non-executive director at international data research and analytics group YouGov (YOU:AIM), bought 25,000 shares at 425p for a total value of £106,295 on 9 July.
Mishra’s move follows the purchase by YouGov chief executive Steve Hatch of 42,247 shares at 412p on 1 JUly for a total value of £169,938.
Another chief executive putting his money into the business is Christopher Cox, who recently joined upstream oil and gas company Serica Energy (SQZ:AIM) to replace the outgoing head Mitch Flegg.
In his first week in the job, Cox scooped up 432,027 ordinary shares in the company representing 0.11% of the capital.
Cox joined Serica Energy after holding senior roles at firms including Nostrum Oil & Gas, Spirit Energy, Capricorn Energy and Kellas Midstream.
His move could be seen as vote of confidence in the company, whose shares have lot 33% of their value over the past year due to fears a Labour government could bring in higher taxes on energy firms and block new development in the North Sea.
