Directors dealings: Computacenter chairman stocks up

Computacenter's non-executive chairman bought into the shares of the IT infrastructure services provider again, picking up 10,000 shares at an individual price of 721p on 14 November, the company said in a statement.

It marked Gregory Hugh Lock's sixth round of purchases since the company's last trading stating statement, issued on 21 October.

A person closely associated with the chairman, Rosemary Lock, had also bought shares via two different transactions since then.

On that occasion, the firm reiterated its expectations for the full-year 2016 at the same time that it posted a 2% rise in overall revenues for its third quarter to reach £735m.

“While much remains to be done in 2016 in the all-important fourth quarter, the performance in the third quarter has re-enforced our confidence for the year as a whole.

“Prospects for 2017 and beyond, particularly driven by the increased adoption of the digital workplace, are encouraging across all our geographies,” management said in its trading statement.

Previously, on 29 September, analysts at Berenberg had initiated their coverage of the company with a 'hold' recommendation and a target price of 750p

"The UK mid-cap TMT sector has undergone a period of consolidation in the past decade. Only 50% of companies that were listed in 2006 remain. While many mid-cap TMT names will continue to fall by the wayside, some will likely become the Micro Focuses, the Just Eats and the Rightmoves of tomorrow.

"While the “winners” of this sector have many differentiating characteristics, our analysis shows the best performers are those which have seen consistent earnings delivery, almost independent of their end-market exposure or technology. In terms of momentum, however, we consider the following to be key issues," the broker wrote in that same research note.

Top Director Buys

Diageo (DGE)
Director name: Ferran,Javier
Amount purchased: 13,000 @ 1,975.00p
Value: £256,750.00

Computacenter (CCC)
Director name: Lock,Greg
Amount purchased: 10,000 @ 721.00p
Value: £72,100.00

Cvs Group (CVSG)
Director name: Innes,Simon
Amount purchased: 5,750 @ 867.00p
Value: £49,852.50

Computacenter (CCC)
Director name: Lock,Greg
Amount purchased: 6,000 @ 720.00p
Value: £43,200.00

Cloudcall Group (CALL)
Director name: Browning,Gary
Amount purchased: 50,000 @ 53.00p
Value: £26,500.00

Gocompare.com Group (GOCO)
Director name: Seymour-Jackson,Angela
Amount purchased: 36,973 @ 66.97p
Value: £24,762.67

Woodford Patient Capital Trust (WPCT)
Director name: Dobson,Carolan
Amount purchased: 25,000 @ 95.48p
Value: £23,870.00

Augean (AUG)
Director name: Davies,Stewart
Amount purchased: 25,000 @ 56.00p
Value: £14,000.00

Sig (SHI)
Director name: Ewell,Mel
Amount purchased: 11,000 @ 89.65p
Value: £9,861.50

Non-standard Finance (NSF)
Director name: Gregson,Charles Henry
Amount purchased: 9,000 @ 56.88p
Value: £5,119.20

Quarto Group Inc. (QRT)
Director name: Leaver,Marcus
Amount purchased: 410 @ 302.00p
Value: £1,238.20

Mediclinic International (MDC)
Director name: Myburgh,Petrus Jurgens
Amount purchased: 14,000 @ R1.36
Value: R1,117.86

Mediclinic International (MDC)
Director name: Meintjes,Danie
Amount purchased: 3,485 @ R1.33
Value: R270.68

Pacific Horizon Inv Trust (PHI)
Director name: Matterson,Jean
Amount purchased: 130 @ 206.94p
Value: £269.02

Sthree (STHR)
Director name: Elden,Gary
Amount purchased: 71 @ 266.50p
Value: £189.21

Sthree (STHR)
Director name: Smith,Alex
Amount purchased: 70 @ 266.50p
Value: £186.55

United Utilities Group (UU.)
Director name: Houlden,Russ
Amount purchased: 21 @ 882.50p
Value: £185.32

United Utilities Group (UU.)
Director name: Mogford,Steven L
Amount purchased: 20 @ 882.50p
Value: £176.50

British Land Company (BLND)
Director name: Maudsley,Charles
Amount purchased: 26 @ 589.29p
Value: £153.22

Alternative Networks (AN.)
Director name: Quartermaine,Mark
Amount purchased: 55 @ 276.00p
Value: £151.80

Alternative Networks (AN.)
Director name: Griggs,Gavin
Amount purchased: 55 @ 276.00p
Value: £151.80

Emis Group (EMIS)
Director name: Spencer,Chris
Amount purchased: 18 @ 835.00p
Value: £150.30

Emis Group (EMIS)
Director name: Southby,Peter
Amount purchased: 18 @ 835.00p
Value: £150.30

Bae Systems (BA.)
Director name: Minella,Lynn C
Amount purchased: 25 @ 599.57p
Value: £149.89

Bae Systems (BA.)
Director name: Woodburn,Charles
Amount purchased: 25 @ 599.57p
Value: £149.89

Bae Systems (BA.)
Director name: Garwood,Alan
Amount purchased: 25 @ 599.57p
Value: £149.89

Zotefoams (ZTF)
Director name: McGrath ,Gary
Amount purchased: 60 @ 247.60p
Value: £148.56

Zotefoams (ZTF)
Director name: Stirling,David
Amount purchased: 60 @ 247.60p
Value: £148.56

British Land Company (BLND)
Director name: Roberts,Timothy Andrew
Amount purchased: 25 @ 589.29p
Value: £147.32

British Land Company (BLND)
Director name: Grigg,Chris
Amount purchased: 25 @ 589.29p
Value: £147.32

British Land Company (BLND)
Director name: Bell,Lucinda
Amount purchased: 25 @ 589.29p
Value: £147.32

Go-ahead Group (GOG)
Director name: Ferguson,Carolyn
Amount purchased: 7 @ 2,027.20p
Value: £141.90

Go-ahead Group (GOG)
Director name: Edwards,Paul
Amount purchased: 7 @ 2,027.20p
Value: £141.90

Bae Systems (BA.)
Director name: King,Ian
Amount purchased: 21 @ 599.57p
Value: £125.91

Top Director Sells

Vedanta Resources (VED)
Director name: Albanese,Tom
Amount sold: 7,906 @ 763.00p
Value: £60,322.78

Go-ahead Group (GOG)
Director name: Ferguson,Carolyn
Amount sold: 736 @ 2,034.00p
Value: £14,970.24