When shares in a company more than triple in three years, even the most dedicated chief executive might consider banking some profits. It appears Tracsis (TRCS) boss John McArthur gave into temptation: he recently sold 120,000 shares in the transportation technology group for close to £620,000, slashing his stake by a tenth to 3.9 per cent.
IC TIP:
Hold
at
500p
The disposal comes after Mr McArthur exercised share options in early December to buy £175,000-worth of shares. Including that transaction, he has netted around £444,000. Still, his dealings are unlikely to detract from recent gains at Tracsis, which continues to grow quickly and win work in markets such as traffic-data capture and remote monitoring. It also continued its shopping spree by acquiring Ontrac in December and management expects the software and IT solutions group - which serves transportation, construction and local government customers - to open up significant cross-selling opportunities.
Broker Investec predicts Ontrac will boost Tracsis' EPS by a quarter in the year to July 2017. It now forecasts earnings of 21.4p (from 18.3p in FY2015).
| Buy | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Applied Graphene Materials* | Jon Mabbitt (ce) | 11 Jan 16 | 7,619 | 175 | 13,333 | 121,735 | 0.557 |
| Applied Graphene Materials* | Mike Townend | 11 Jan 16 | 7,619 | 175 | 13,333 | 7,619 | 0.035 |
| Applied Graphene Materials* | Sean Christie | 11 Jan 16 | 7,619 | 175 | 13,333 | 7,619 | 0.035 |
| Applied Graphene Materials* | Oliver Lightowlers (cfo) | 11 Jan 16 | 7,619 | 175 | 13,333 | 39,877 | 0.182 |
| Applied Graphene Materials* | Dr. Bryan Dobson (ch) | 11 Jan 16 | 7,619 | 175 | 13,333 | 123,205 | 0.563 |
| Applied Graphene Materials* | Professor Karl Coleman | 11 Jan 16 | 7,619 | 175 | 13,333 | 1,724,126 | 7.883 |
| Asian Total Return Investment Co | CA Keljik | 12 Jan 16 | 1,075 | 184.963 | 1,988 | 99,187 | 0.136 |
| B.P. Marsh & PartnersΩ | Daniel Topping | 07 Jan 16 | 824 | 153.95 | 1,269 | 29,936 | 0.103 |
| Best of the Best | Colin Hargrave | 13 Jan 16 | 10,000 | 175.5 | 17,550 | 126,579 | 1.306 |
| Canadian Overseas Petroleum | Arthur Millholland (ce) | 08 Jan 16 | 1,122,000 | 3.071 | 34,456 | 11,861,657 | 2.459 |
| Diamondcorp* | Euan Worthington (ch) | 13 Jan 16 | 830,000 | 6 | 49,800 | 2,807,766 | 0.630 |
| Diamondcorp* | Jonathan Willis-Richards | 13 Jan 16 | 167,000 | 6 | 10,020 | 2,500,229 | 0.561 |
| Diamondcorp* | Paul Loudon (ce) | 13 Jan 16 | 830,000 | 6 | 49,800 | 6,977,604 | 1.567 |
| Faroe Petroleum | Graham Stewart (ce) | 11 Jan 16 | 109,141 | 53.348 | 58,224 | 951,553 | 0.355 |
| Faroe Petroleum | Helge Hammer | 11 Jan 16 | 71,936 | 53.348 | 38,376 | 499,349 | 0.186 |
| Faroe Petroleum | Dr John Cooper (cfo) | 11 Jan 16 | 73,714 | 53.348 | 39,325 | 174,127 | 0.065 |
| Fishing Republic | Steve Gross (ce) | 08 Jan 16 | 112,716 | 17.3 | 19,500 | 11,180,216 | 41.601 |
| Hansa Trust | Alex Hammond-Chambers (ch) | 12 Jan 16 | 2,500 | 780 | 19,500 | 4,900 | 0.061 |
| Henderson Opportunities Trust | PA Jones | 12 Jan 16 | 1,500 | 806.825 | 12,102 | 7,500 | 0.094 |
| Henderson Smaller Companies Investment Trust | Mary Sieghart | 12 Jan 16 | 1,470 | 678.125 | 9,968 | 5,918 | 0.008 |
| Inspiration Healthcare | Mark Abrahams (ch) | 11 Jan 16 | 125,000 | 40 | 50,000 | 155,154 | 0.506 |
| Inspirit Energy Holdings | John Gunn (ch & ce) | 07 Jan 16 | 5,000,000 | 0.395 | 19,750 | 360,029,580 | 46.228 |
| John Laing | Anne Wade | 07 Jan 16 | 10,000 | 205 | 20,500 | 20,256 | 0.006 |
| JPMorgan Japan Smaller Companies Trust | Y Nakajima | 13 Jan 16 | 5,000 | 263.3 | 13,165 | 5,000 | 0.011 |
| Majestic Wine | James Crawford (cfo) | 08 Jan 16 | 7,000 | 354.95 | 24,847 | 7,000 | 0.010 |
| Majestic Wine♥ | James Crawford (cfo) | 08 Jan 16 | 2,000 | 354.95 | 7,099 | 9,000 | 0.013 |
| Marks and Spencer | Alison Brittain | 11 Jan 16 | 2,500 | 428.586 | 10,715 | 5,096 | <0.001 |
| Marks and Spencer | Andrew Fisher | 11 Jan 16 | 3,536 | 428.456 | 15,150 | 3,536 | <0.001 |
| NewRiver Retail* | Allan Lockhart | 11 Jan 16 | 15,384 | 325 | 49,998 | 277,944 | 0.119 |
| NewRiver Retail* | David Lockhart (ce) | 11 Jan 16 | 18,000 | 325 | 58,500 | 1,740,000 | 0.746 |
| NewRiver Retail* | Mark Davies (fd) | 11 Jan 16 | 7,522 | 325 | 24,447 | 39,857 | 0.017 |
| NewRiver Retail* | Nick Sewell | 11 Jan 16 | 3,076 | 325 | 9,997 | 120,244 | 0.052 |
| OctagonalΩ | Martin Davison | 11 Jan 16 | 3,000,000 | 1.2 | 36,000 | 10,765,000 | 1.922 |
| OctagonalΩ | Martin Davison | 08 Jan 16 | 265,000 | 0.95 | 2,518 | 7,765,000 | 1.386 |
| PeerTV | Kavi Dhana | 13 Jan 16 | 302,432 | 1.85 | 5,595 | 974,463 | 7.915 |
| Personal Assets Trust | Robin Angus | 08 Jan 16 | 3 | 34,650 | 1,040 | 4,211 | 0.248 |
| Personal Assets Trust | Frank Rushbrook | 11 Jan 16 | 3 | 34,535 | 1,036 | 13,331 | 0.785 |
| Provexis | Ian Ford (fd) | 07 Jan 16 | 2,798,168 | 0.286 | 8,003 | 5,000,000 | 0.304 |
| Real Estate Investors | John Crabtree (ch) | 12 Jan 16 | 72,000 | 69.5 | 50,040 | 226,666 | 0.122 |
| Rolls-Royce Holdings★ | David Smith (cfo) | 12 Jan 16 | 203 | 557.942 | 1,133 | 20,578 | 0.001 |
| Rolls-Royce Holdings★ | Ruth Cairnie | 07 Jan 16 | 356 | 545 | 1,940 | 7,793 | <0.001 |
| Rolls-Royce Holdings★ | Colin Smith | 12 Jan 16 | 3,356 | 557.942 | 18,725 | 214,729 | 0.012 |
| Rolls-Royce Holdings★ | Ian Davis (ch) | 12 Jan 16 | 611 | 557.942 | 3,409 | 38,450 | 0.002 |
| Rolls-Royce Holdings★ | Ian Davis (ch) | 07 Jan 16 | 363 | 545 | 1,978 | 37,839 | 0.002 |
| Rolls-Royce Holdings★ | Sir Frank Chapman | 07 Jan 16 | 726 | 545 | 3,957 | 15,674 | 0.001 |
| Scottish Investment Trust (The) | Jane Lewis | 11 Jan 16 | 1,000 | 563.75 | 5,638 | 1,000 | 0.001 |
| Snoozebox Holdings* | David Morrison (ch) | 07 Jan 16 | 333,330 | 6 | 20,000 | 3,333,330 | 1.129 |
| Snoozebox Holdings* | Lorcán Murchu (ce) | 07 Jan 16 | 333,330 | 6 | 20,000 | 2,437,330 | 0.826 |
| Snoozebox Holdings* | Stephen East | 07 Jan 16 | 83,335 | 6 | 5,000 | 437,335 | 0.148 |
| Snoozebox Holdings* | Richard Davies | 07 Jan 16 | 83,335 | 6 | 5,000 | 433,335 | 0.147 |
| SVG Capital | Lynn Fordham (ce) | 11 Jan 16 | 21,403 | 475.991 | 101,876 | 520,565 | 0.308 |
| Thomas Cook | Michael Healy (cfo) | 07 Jan 16 | 20,000 | 115.5 | 23,100 | 1,184,632 | 0.077 |
| Thomas Cook | Peter Fankhauser (ce) | 07 Jan 16 | 20,000 | 116.6 | 23,320 | 2,229,377 | 0.145 |
| Tungsten Corp | Edmund Truell | 12 Jan 16 | 100,000 | 56.99 | 56,990 | 19,987,283 | 15.854 |
| Tungsten CorpΩ | Nick Parker (ch) | 13 Jan 16 | 100,000 | 39.75 | 39,750 | 221,250 | 0.176 |
| U and I | Richard Upton | 07 Jan 16 | 4,335 | 231 | 10,014 | 2,858,636 | 2.288 |
| U and I | Peter Williams | 11 Jan 16 | 50,000 | 230.064 | 115,032 | 20,000 | 0.016 |
| Vast Resources* | Roy Tucker (fd) | 11 Jan 16 | 5,208,312 | 0.8 | 41,666 | 31,607,029 | 1.684 |
| Vast Resources* | Graham Briggs | 11 Jan 16 | 4,166,625 | 0.8 | 33,333 | 4,166,625 | 0.222 |
| WYG | Jeremy Beeton | 08 Jan 16 | 5,000 | 140.25 | 7,013 | 5,000 | 0.007 |
| WYG | Nick Masom | 08 Jan 16 | 28,590 | 139.89 | 39,995 | 28,590 | 0.042 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Bango | Anil Malhotra | 07 Jan 16 | 20,000 | 105 | 21,000 | 3,986,815 | 6.188 |
| Best of the Best | Colin Hargrave | 13 Jan 16 | 10,000 | 175 | 17,500 | 116,579 | 1.203 |
| China Nonferrous Gold | Abuali Ismatov | 08 Jan 16 | 2,502,603 | 22.8 | 570,593 | 0 | 0.000 |
| Concha | Mark Horrocks | 13 Jan 16 | 1,000,000 | 0.85 | 8,500 | 8,285,714 | 0.528 |
| Concha | Mark Horrocks | 12 Jan 16 | 5,000,000 | 0.845 | 42,250 | 9,285,714 | 0.592 |
| Fulcrum Utility Services | Martin Harrison (cfo) | 11 Jan 16 | 128,000 | 28 | 35,840 | 208,538 | 0.134 |
| Fuller Smith & Turner | Richard Fuller | 11 Jan 16 | 1,000 | 1,165 | 11,650 | 7,106 | 0.022 |
| Hargreave Hale AIM VCT 2 | Giles Hargreave | 13 Jan 16 | 46,950 | 101 | 47,420 | 117,201 | 0.450 |
| ITE | Neil Jones (fd) | 12 Jan 16 | 15,000 | 147.81 | 22,172 | 175,868 | 0.068 |
| Topps Tiles | Matthew Williams (ce) | 07 Jan 16 | 16,000 | 153 | 24,480 | 1,733,289 | 0.891 |
| Topps Tiles♥ | Matthew Williams (ce) | 07 Jan 16 | 24,000 | 150 | 36,000 | 1,709,289 | 0.878 |
| Tracsis | John McArthur (ce) | 08 Jan 16 | 120,000 | 515.9 | 619,080 | 1,062,783 | 3.891 |
| UK Mail | Steven Glew (fd) | 12 Jan 16 | 27,194 | 259.5 | 70,568 | 155,812 | 0.283 |
| *Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/Trust †Depositary receipts ★'C' Share Reinvestment Plan | |||||||
