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

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Shares of Ten Lifestyle Group PLC (LON:TENG) traded up 10% on Tuesday after an insider bought additional shares in the company. The stock 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 firm’s stock in a transaction dated Thursday, November 29th. The stock was purchased at an average cost of GBX 30 ($0.39) per share, with a total value of £19,702.80 ($25,745.20). Also, insider Sarah Hornbuckle bought 10,000 shares of the firm’s stock in a transaction dated Friday, October 26th. The shares were acquired at an average cost of GBX 73 ($0.95) per share, with a total value of £7,300 ($9,538.74). Over the last ninety days, insiders have bought 105,676 shares of company stock valued at $3,540,280.

Separately, Peel Hunt decreased their price objective on Ten Lifestyle Group from GBX 155 ($2.03) to GBX 115 ($1.50) and set a “buy” rating for the company in a report on Wednesday, November 28th.

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Ten Lifestyle Group Company Profile (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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