Having already sold down a portion of his stake at the start of the year, Auto Trader (AUTO) finance chief Sean Glithero has offloaded more of the company's stock. This time Mr Glithero sold 600,000 shares to the tune of almost 399p apiece, netting himself close to £2.4m.
Auto Trader shares have largely gone sideways this year, down around 8 per cent over the past 12 months, although the share price - currently 395p - is still riding high compared with the float value of 235p. The recent lack of momentum reflects widespread fears about the UK car market in light of the Brexit vote and subsequent economic uncertainty.
Auto Trader has done its best to put these fears to rest, though. For the six months ended 25 September revenues grew by 11 per cent, helping deliver a 28 per cent surge in reported pre-tax profits.
Buys | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Advanced Oncotherapy | Enrico Vanni | 28 Nov 16 | 75,000 | 64.7 | 48,525 | 673,946 | 0.930 |
Associated British Foods | Charles Sinclair (ch) | 24 Nov 16 | 3,240 | 2594.87 | 84,074 | 16,000 | 0.002 |
Barratt Developments | Jock Lennox | 24 Nov 16 | 10,000 | 472.38 | 47,238 | 10,000 | 0.001 |
C4X Discovery Holdings | Clive Dix (ceo) | 30 Nov 16 | 40,000 | 97 | 38,800 | 1,196,936 | 3.200 |
Caledonia Mining Corp | Leigh Wilson (ch) | 30 Nov 16 | 50,000 | 82.4739 | 41,237 | 215,000 | 0.408 |
Charles Taylor | Edward Creasy (ch) | 24 Nov 16 | 9,800 | 255 | 24,990 | 36,930 | 0.055 |
Charles Taylor | Paul Hewitt | 25 Nov 16 | 784 | 252 | 1,976 | 19,508 | 0.029 |
Charles Taylor | Paul Hewitt | 25 Nov 16 | 18,724 | 255 | 47,746 | 18,724 | 0.028 |
Computacenter | Gregory Lock (ch) | 24 Nov 16 | 1,085 | 733 | 7,953 | 587,485 | 0.479 |
Computacenter | Gregory Lock (ch) | 25 Nov 16 | 12,515 | 745.49 | 93,298 | 600,000 | 0.489 |
Devro | Gerard Hoetmer (ch) | 25 Nov 16 | 20,000 | 160 | 32,000 | 110,000 | 0.066 |
Ecofin Global Utilities and Infrastructure Trust | Martin Nѐgre | 29 Nov 16 | 43,511 | 108.25 | 47,101 | 2,301,882 | 2.506 |
GETECH | Peter Stephens | 28 Nov 16 | 300,000 | 25 | 75,000 | 1,395,500 | 3.715 |
Hammerson | David Tyler (ch) | 24 Nov 16 | 20,000 | 549.5 | 109,900 | 60,000 | 0.008 |
Helical Bar | Duncan Walker | 24 Nov 16 | 1,778 | 279.75 | 4,974 | 333,494 | 0.282 |
Helical Bar | Duncan Walker | 24 Nov 16 | 1,795 | 277.16 | 4,975 | 335,289 | 0.284 |
Helical Bar | Duncan Walker | 24 Nov 16 | 1,817 | 273.68 | 4,973 | 337,106 | 0.285 |
Helical Bar | Duncan Walker | 24 Nov 16 | 3,661 | 271.75 | 9,949 | 313,509 | 0.265 |
Helical Bar♥ | Michael O'Donnell | 24 Nov 16 | 5,000 | 281 | 14,050 | 67,000 | 0.057 |
Helical Bar | Gerald Kaye (ceo) | 24 Nov 16 | 34,825 | 287.14 | 99,997 | 1,082,547 | 0.916 |
Helical Bar♥ | Matthew Bonning-Snook | 24 Nov 16 | 17,350 | 287.14 | 49,819 | 420,159 | 0.356 |
Helical Bar | Tim Murphy (fd) | 24 Nov 16 | 34,825 | 287.14 | 99,997 | 386,425 | 0.327 |
Homeserve | Chris Havemann | 24 Nov 16 | 8,178 | 583 | 47,678 | 20,000 | 0.006 |
Intu Properties♥ | John Whittaker | 28 Nov 16 | 39,000 | 269.089 | 104,945 | 336,758,139 | 24.852 |
Johnson Matthey | Anna Manz (fd) | 24 Nov 16 | 2,184 | 3180.8622 | 69,470 | 2,184 | 0.001 |
Marston's | Ralph Findlay (ceo) | 28 Nov 16 | 18,675 | 133.13 | 24,862 | 1,142,264 | 0.190 |
Marston's | Ralph Findlay (ceo) | 28 Nov 16 | 18,727 | 132.76 | 24,862 | 1,123,589 | 0.186 |
Marston's | Catherine Glickman | 25 Nov 16 | 25,000 | 132.8054 | 33,201 | 50,000 | 0.008 |
Mercantile Ports and Logistics♥* | Lord Flight | 25 Nov 16 | 1,000,000 | 10 | 100,000 | 1,000,000 | 0.260 |
Mercantile Ports and Logistics* | Pavandeep Bakhshi | 25 Nov 16 | 500,000 | 10 | 50,000 | 138,000 | 0.036 |
Octagonal | Martin Davison | 24 Nov 16 | 50,000 | 2 | 1,000 | 19,065,000 | 3.403 |
Octagonal | Martin Davison | 25 Nov 16 | 1,000,000 | 2.05 | 20,500 | 20,065,000 | 3.582 |
Octagonal | Martin Davison | 30 Nov 16 | 1,000,000 | 2.24 | 22,400 | 21,065,000 | 3.760 |
Shaftesbury | Jonathan Nicholls (ch) | 29 Nov 16 | 850 | 912.46 | 7,756 | 10,000 | 0.004 |
Shaftesbury | Jonathan Nicholls (ch) | 29 Nov 16 | 9,150 | 915.02 | 83,724 | 9,150 | 0.003 |
Speedy Hire | Chris Morgan (fd) | 30 Nov 16 | 117,751 | 43 | 50,633 | 117,751 | 0.022 |
Sula Iron & Gold* | Howard Baker | 24 Nov 16 | 7,715,876 | 0.21 | 16,203 | 14,507,542 | 0.780 |
Sula Iron & Gold* | Iain Macpherson | 24 Nov 16 | 38,269,748 | 0.21 | 80,366 | 38,269,748 | 2.058 |
Sula Iron & Gold* | Matt Wood (fd) | 24 Nov 16 | 16,172,848 | 0.21 | 33,963 | 17,668,489 | 0.950 |
Sula Iron & Gold* | Roger Murphy (ceo) | 24 Nov 16 | 15,714,286 | 0.21 | 33,000 | 15,714,286 | 0.845 |
TalkTalk Telecom | Roger Taylor | 28 Nov 16 | 1,159,369 | 155.7835 | 1,806,106 | 4,313,161 | 0.452 |
TalkTalk Telecom | Roger Taylor | 29 Nov 16 | 840,631 | 162.2725 | 1,364,113 | 5,153,792 | 0.540 |
VPC Specialty Lending Investments♥ | Richard Levy | 29 Nov 16 | 87,112 | 70.88 | 61,745 | 1,120,188 | 0.293 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Altitude | Martin Varley (ceo) | 29 Nov 16 | 500,000 | 79 | 395,000 | 12,547,559 | 27.959 |
Auto Trader | Sean Glithero (fd) | 29 Nov 16 | 600,000 | 398.749 | 2,392,494 | 2,997,581 | 0.304 |
BGEO | Archil Gachechiladze | 29 Nov 16 | 12,000 | 3000 | 360,000 | 136,250 | 0.356 |
BGEO | Archil Gachechiladze | 29 Nov 16 | 16,000 | 2998 | 479,680 | 120,250 | 0.314 |
BGEO | Avtandil Namicheishvili | 24 Nov 16 | 10,027 | 3075.16 | 308,346 | 48,112 | 0.126 |
BGEO | Avtandil Namicheishvili | 25 Nov 16 | 11,486 | 3080.37 | 353,811 | 36,626 | 0.096 |
BGEO | Avtandil Namicheishvili | 28 Nov 16 | 5,331 | 3050 | 162,596 | 31,295 | 0.082 |
BGEO | Nikoloz Gamkrelidze | 25 Nov 16 | 4,400 | 3080 | 135,520 | 48,850 | 0.128 |
BGEO | Nikoloz Gamkrelidze | 28 Nov 16 | 2,600 | 3050 | 79,300 | 46,250 | 0.121 |
Gamma Communications | Andrew Stone | 29 Nov 16 | 21,000 | 475.031 | 99,757 | 1,450,000 | 1.580 |
Lindsell Train Investment Trust (The) | Rory Landman | 24 Nov 16 | 102 | 86500 | 88,230 | 300 | 0.150 |
Lindsell Train Investment Trust (The) | Rory Landman | 25 Nov 16 | 100 | 86500 | 86,500 | 200 | 0.100 |
Menzies (John)♥ | Dermot Jenkinson | 25 Nov 16 | 53,325 | 520 | 277,290 | 1,870,311 | 2.245 |
Menzies (John)♥ | Dermot Jenkinson | 28 Nov 16 | 22,416 | 517.25 | 115,947 | 1,847,895 | 2.218 |
Menzies (John)♥ | Dermot Jenkinson | 28 Nov 16 | 35,222 | 519.2 | 182,873 | 1,812,673 | 2.175 |
Schroder Japan Growth Fund | Richard Greer | 24 Nov 16 | 22,000 | 177.5 | 39,050 | 9,689 | 0.008 |
*Placing/tender/open offer ♥Spouse/connected party |