Welcome back to the Insider Trades Series – A weekly summary of on-market ASX 200 director transactions valued at more than $10,000. The trades have all taken place between and 1 and 8 November 2024. Directors have up to 5 business days to notify the ASX of their trades.
Code | Company | Date | Director | Price | Value |
---|---|---|---|---|---|
BHP Group | 4/11/24 | $42.79 | $427,900 | ||
Woolworths Group | 5/11/24 | $29.63 | $237,040 | ||
AUB Group | 8/11/24 | $32.19 | $156,926 | ||
Super Retail Group | 4/11/24 | $14.29 | $142,880 | ||
Ansell | 5/11/24 | $31.31 | $140,895 | ||
Challenger | 1/11/24 | $5.94 | $79,861 | ||
APA Group | 7/11/24 | $6.86 | $68,600 | ||
BHP Group | 1/11/24 | $42.32 | $61,829 | ||
Macquarie Group | 4/11/24 | $223.43 | $59,880 | ||
Woolworths Group | 7/11/24 | $29.79 | $49,928 | ||
Nine Entertainment Co. Holdings | 8/11/24 | $1.11 | $44,505 | ||
Dexus | 1/11/24 | $7.14 | $14,987 | ||
Dexus | 1/11/24 | $7.14 | $14,987 | ||
Data#3 | 6/11/24 | $7.36 | $14,720 | ||
Corporate Travel Management | 4/11/24 | $11.75 | $14,687 | ||
Viva Energy Group | 31/10/24 | $2.63 | $13,150 |
All the above transactions are from Non-Executive Directors except for APA Group.
APA's CEO Adam Watson purchased 10,000 shares last week, he beneficially owns approximately 147,000 shares. APA Group is a prominent Australian energy infrastructure company, primarily engaged in the ownership and operation of natural gas and electricity assets. The stock is trading around five-year lows and down 22% year-to-date amid high debt levels, environmental concerns and industry challenges. Earlier this month, Macquarie analysts reiterated an Outperform rating and $8.13 target price, citing "APA is on a yield of 8.3%, with management emphasis on at least maintaining the yield. Its FY1 EV/EBITDA of ~10.8x is well below the historical range of 11.8-13.3x and now global peers. Organic growth remains appealing."
Code | Company | Date | Director | Price | Value |
---|---|---|---|---|---|
Siteminder | 1/11/24 | $6.65 | $20,000,001 | ||
HUB24 | 4/11/24 | $67.00 | $13,400,000 | ||
AUB Group | 6/11/24 | $32.50 | $251,712 |
Three notable Board members have recently executed significant on-market selldowns.
Siteminder: Non-Executive Director Paul Wilson (also Executive Director at Baliador Technology Investments, a major shareholder) executed his first-ever sale of company shares, divesting approximately 18% of his overall shareholding.
Hub24: CEO Andrew Alcock continued his historical pattern of post-reporting season trades, with his first on-market sale since August 2023, when he sold $7.8 million worth of shares at $31.5 each. His trades typically occur around August reporting season and November.
AUB Group: While CEO Michael Emmett's sale of $251,712 represents just 1.8% of his holdings, it marks his first on-market selldown at the insurance broking company, which has performed strongly with a 15% year-to-date gain.
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