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Director dealings: Jimmy Choo CEO takes some profits

Thu, 08th Sep 2016 16:41

(ShareCast News) - Jimmy Choo chief executive Pierre Denis sold £400,000 worth of shares in the shoe maker a few days after interim results sent the shares strutting to their highest level since late April.Denis, who has been CEO since July 2012, sold 100,000 shares at a price of 125.625p apiece, though still holds a hefty 2.68m further shares.August's half-year results showed revenues up 9.2% at reported currencies thanks to continued market-beating growth despite the difficult operating environment.Jimmy Choo enjoyed growth in Asia, with impressive growth in China, and managed repositioning in a difficult USA market.Operating profits were up 42.6% to £25.3m as gross margins expanded and cost control drove adjusted EBITDA growth of 12.8%, benefitting from operating leverage on fixed costs.The company reported a strong start to the second half in addition to a positive benefit from a weaker pound.Top Director BuysCropper (james) (CRPR)Director name: Cropper,James AAmount purchased: 25,000 @ 987.50pValue: £246,875.00Tower Resources (TRP)Director name: Thomson,Graeme Amount purchased: 444,444 @ 26.85pValue: £119,333.21Zegona Communications (ZEG)Director name: OÂ'Hare,EamonnAmount purchased: 100,000 @ 105.00pValue: £105,000.00Tower Resources (TRP)Director name: Taylor,PeterAmount purchased: 317,976 @ 26.85pValue: £85,376.56Tower Resources (TRP)Director name: Swatman ,Philip Amount purchased: 296,297 @ 26.85pValue: £79,555.74Mporium Group (MPM)Director name: Moat,Barry ChristopherAmount purchased: 285,000 @ 7.00pValue: £19,950.00Solid State (SOLI)Director name: Richards,Matthew Thomas Amount purchased: 2,400 @ 405.00pValue: £9,720.00Tower Resources (TRP)Director name: Blakey,PeterAmount purchased: 18,996 @ 26.85pValue: £5,100.43Capita (CPI)Director name: Greatorex,NickAmount purchased: 18 @ 1,046.00pValue: £188.28Capita (CPI)Director name: Marriott-Sims,Dawn Amount purchased: 18 @ 1,046.00pValue: £188.28Barr (a.g.) (BAG)Director name: Memmott,Andrew LewisAmount purchased: 30 @ 507.00pValue: £152.10Barr (a.g.) (BAG)Director name: Lorimer,StuartAmount purchased: 30 @ 507.00pValue: £152.10Barr (a.g.) (BAG)Director name: White,Roger AlexanderAmount purchased: 30 @ 507.00pValue: £152.10Zoopla Property Group (wi) (ZPLA)Director name: Chesterman,Alex Amount purchased: 46 @ 326.40pValue: £150.14Wireless Group (WLG)Director name: McKeown,NormanAmount purchased: 47 @ 314.70pValue: £147.91Wireless Group (WLG)Director name: Taunton,ScottAmount purchased: 47 @ 314.70pValue: £147.91Daily Mail And General Trust A (non.v) (DMGT)Director name: Beatty,KevinAmount purchased: 18 @ 720.50pValue: £129.69Daily Mail And General Trust A (non.v) (DMGT)Director name: Daintith,StephenAmount purchased: 17 @ 720.50pValue: £122.48Sainsbury (j) (SBRY)Director name: Rogers,JohnAmount purchased: 46 @ 245.00pValue: £112.70Tower Resources (TRP)Director name: Asher,JeremyAmount purchased: 458,410 @ n/aValue: n/aTower Resources (TRP)Director name: Frank,PhilipAmount purchased: 259,259 @ n/aValue: n/aTop Director SellsBig Yellow Group (BYG)Director name: Gibson,JamesAmount sold: 66,098 @ 766.71pValue: £506,779.97Jimmy Choo (CHOO)Director name: Denis,PierreAmount sold: 320,000 @ 125.63pValue: £402,000.01Big Yellow Group (BYG)Director name: Trotman,JohnAmount sold: 21,596 @ 766.71pValue: £165,578.69Big Yellow Group (BYG)Director name: Trotman,JohnAmount sold: 14,208 @ 766.71pValue: £108,934.16Conviviality (CVR)Director name: Hunter,Diana Amount sold: 33,333 @ 222.00pValue: £73,999.26
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Broker tips: UK retailers, Petrofac, Whitbread

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5 Jul 2016 09:15

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1 Jul 2016 10:10

HSBC reiterates 'buy' but cuts target price on Jimmy Choo

(ShareCast News) - HSBC maintained its 'buy' rating on Jimmy Choo on Friday, after the luxury shoe maker said it was off to a good start to the year. In Jimmy Choo's 15 June trading update, it said had been trading in line with expectations so far this year despite tough trading conditions. The gro

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20 Jun 2016 09:25

ITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit

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15 Jun 2016 16:04

LONDON MARKET CLOSE: Stocks Rebound Ahead Of Fed Decision

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15 Jun 2016 11:02

Broker tips: Wood Group, Jimmy Choo, Lonmin

(ShareCast News) - Shares in oil and gas services company Wood Group rose on Wednesday as Jefferies initiated its rating on the stock at 'buy'. "The company, in our view, has executed a far more coherent growth/mergers and acquisitions strategy compared to UK Service peers, Amec Foster Wheeler and P

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15 Jun 2016 09:48

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15 Jun 2016 08:49

Liberum ups Jimmy Choo to 'buy' after trading update

(ShareCast News) - Liberum upgraded Jimmy Choo to 'buy' from 'hold' with an unchanged target price of 135p after the company's trading update. It said the update suggests Choo is showing resilience in a difficult market. Shares in the luxury goods maker shot higher on Wednesday after it said it had

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15 Jun 2016 08:30

BROKER RATINGS SUMMARY: Go-Ahead Raised By JPMorgan, Cut By Investec

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