Since the EU referendum last summer, shares in Dixons Carphone (DC.) have largely gone sideways. That's likely to be the result of mounting fear over the state of UK retail, particularly as higher input costs drive industry-wide price inflation. If wage inflation can't keep pace and disposable incomes contract, product categories such as small electricals - Dixons' speciality - don't tend to fare well.
It's impossible to know if the board thinks this scenario is likely to play out, but chief executive Seb James was among several board members offloading a chunk of shares recently. That said, Ian Livingston - the group's newly promoted chairman - bought in to the tune of nearly £50,000. Mr Livingston will officially succeed Charles Dunstone in April when Mr Dunstone takes up the role of executive chairman at telecoms group TalkTalk (TALK).