Ten Lifestyle Group (TENG) Trading 10% Higher on Insider Buying Activity

Ten Lifestyle Group PLC (LON:TENG) shares traded up 10% on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 32 ($0.42) and last traded at GBX 31.90 ($0.42). 116,928 shares were traded during mid-day trading, an increase of ∞ from the average session volume of 0 shares. The stock had previously closed at GBX 29 ($0.38).

Specifically, insider Alex Cheatle bought 65,676 shares of the company’s stock in a transaction dated Thursday, November 29th. The stock was bought at an average price of GBX 30 ($0.39) per share, for a total transaction of £19,702.80 ($25,745.20). Also, insider Bruce Weatherill bought 30,000 shares of the company’s stock in a transaction dated Monday, December 3rd. The shares were purchased at an average price of GBX 28 ($0.37) per share, with a total value of £8,400 ($10,976.09). In the last 90 days, insiders have bought 105,676 shares of company stock valued at $3,540,280.

Separately, Peel Hunt restated a “buy” rating on shares of Ten Lifestyle Group in a research report on Tuesday, September 11th.

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About Ten Lifestyle Group (LON:TENG)

Ten Lifestyle Group plc provides concierge services to high-net-worth members worldwide. The company assists its members to discover, organize, and book travel, dining, and live entertainment through technology-enabled lifestyle and travel platform. Its corporate clients include private banks, retail banks, premium payment cards providers, and luxury brands.

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