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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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11 Nov 2015 16:40

Broker tips: Jimmy Choo, Whitbread, Experian

(ShareCast News) - Liberum downgraded Jimmy Choo to 'hold' from 'buy' and slashed the price target to 160p from 210p. "We believe Choo faces increased competition in shoes as other luxury goods companies chase growth," the broker said. It said the speed of the luxury slowdown is notable and yet to

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11 Nov 2015 11:19

Wednesday broker round-up

(ShareCast News) - Auto Trader Group: Goldman Sachs downgrades to neutral. Target price: 415.00p. Fidessa Group: Finncap downgrades to sell, cuts target price to 1750.00p. Jupiter Fund Management: Barclays upgrades to overweight, lifts target price to 520.00p. Dcc: Exane BNP Paribas downgrades to

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11 Nov 2015 10:36

Liberum downgrades Jimmy Choo amid increasing competition

(ShareCast News) - Liberum downgraded Jimmy Choo to 'hold' from 'buy' and slashed the price target to 160p from 210p. "We believe Choo faces increased competition in shoes as other luxury goods companies chase growth," the broker said. It said the speed of the luxury slowdown is notable and yet to

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11 Nov 2015 09:32

BROKER RATINGS SUMMARY: JPMorgan And S&P Capital IQ Positive On ITV

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11 Nov 2015 08:20

LONDON BRIEFING: SABMiller And ICAP-Tullett Push M&A To Forefront

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2 Nov 2015 09:54

BROKER RATINGS SUMMARY: HSBC Downgrades easyJet And IAG

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25 Sep 2015 16:18

FTSE 250 movers: Healthy rise for Synergy Health, Aggreko powers down

(ShareCast News) - The FTSE 250 was up 287.23 points or 1.74% to 16,801.76, rising sharply on Friday morning on the back of Janet Yellen's comments overnight. Synergy Health shares skyrocketed on the news that a federal court in Ohio has ruled against the Federal Trade Commission's request for a pre

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9 Sep 2015 17:01

Broker tips: Jimmy Choo, Hargreaves Lansdown, PZ Cussons

(ShareCast News) - RBC Capital Markets has initiated coverage of Jimmy Choo at 'outperform' with a 200p price target. "Jimmy Choo's footwear-focused model is attractive given the early stage of brand development and the defensiveness of the product category on a long term view," the Canadian bank sa

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9 Sep 2015 11:53

RBC Capital starts Jimmy Choo at 'outperform'

(ShareCast News) - RBC Capital Markets has initiated coverage of Jimmy Choo at 'outperform' with a 200p price target. "Jimmy Choo's footwear-focused model is attractive given the early stage of brand development and the defensiveness of the product category on a long term view," the Canadian bank sa

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7 Sep 2015 08:41

BROKER RATINGS SUMMARY: Bernstein Raises United Utilities And Centrica

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1 Sep 2015 16:09

LONDON MARKET CLOSE: China Manufacturing Weakness Hits Stocks And Oil

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1 Sep 2015 09:47

WINNERS & LOSERS SUMMARY: Latchways Clambers Up 48% On Takeover Offer

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28 Aug 2015 14:36

FTSE 250 movers: Marshalls gains on interims, Debenhams slumps on downgrade

(ShareCast News) - London's FTSE 250 was a touch higher on Friday and by 1445 BST, was trading up 0.2% at 16,952.75, with investors mostly keeping to the sidelines at the end of what's been a pretty turbulent week. Marshalls was the standout gainer after the paving slabs specialist posted a strong s

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28 Aug 2015 10:10

TOP NEWS SUMMARY: UK Economic Growth Confirmed At 2.6% In 2nd Quarter

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28 Aug 2015 09:48

WINNERS & LOSERS SUMMARY: Marshalls Shares Climb On Rock-Solid Results

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