Director dealings: AstraZeneca CFO makes $1.5m sale, IHG chair buys in

AstraZeneca

At the top of the list of FTSE 350 director sells on Tuesday was AstraZeneca, whose chief financial officer sold almost $1.5m worth of the company’s American depositary shares.

AstraZeneca

09 May 2023 14:56:07

Source: Sharecast

The pharmaceuticals giant said Aradhana Sarin sold 19,470 of the shares on 5 May, at a price of $74.81 each.

That valued the transaction at a total of $1,456,550.70.

Two of AstraZeneca’s American depositary shares are equivalent to one of its ordinary shares, the firm said in its disclosure.

On the buying side of things, the non-executive chair of InterContinental Hotels Group was also dealing in American depositary instruments, spending almost $0.35m.

The owner of brands including Holiday Inn said Deanna Oppenheimer acquired 5,000 of its American depositary receipts on the New York Stock Exchange on 8 May.

Oppenheimer paid $68.89 for each ADR, valuing the purchase at $344,450 in total.

At 1437 BST, shares in AstraZeneca were up 0.11% in London at 11,884p, while those in InterContinental Hotels Group were 0.6% firmer at 5,442p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: AstraZeneca
Name: Aradhana Sarin
Volume: 19,470
Price: $74.81
Value: $1,456,550.70

Company: London Stock Exchange Group
Name: York Holdings II
Volume: 9,048
Price: 8,359.77p
Value: £756,391.99

DIRECTOR BUYS

Company: InterContinental Hotels Group
Name: Deanna Oppenheimer
Volume: 5,000
Price: $68.89
Value: $344,450.00

Company: CRH
Name: Christina Verchere
Volume: 1,000
Price: 3,824.4p
Value: £38,244.00

Company: Videndum
Name: Andrea Rigamonti
Volume: 3,500
Price: 789.86p
Value: £27,645.07

Company: InterContinental Hotels Group
Name: Graham Allan
Volume: 300
Price: 5,418.36p
Value: £16,255.09

Company: Marshalls
Name: Martyn Coffey
Volume: 10,000
Price: 156p
Value: £15,600.00

Company: InterContinental Hotels Group
Name: Duriya Farooqui
Volume: 200
Price: $68.625
Value: $13,725.00

Company: InterContinental Hotels Group
Name: Daniela Barone Soares
Volume: 150
Price: 5,427.55p
Value: £8,141.33

Company: Marshalls
Name: Alison Lockwood
Volume: 3,763
Price: 164p
Value: £6,171.32

Company: Marshalls
Name: Amanda Bourne
Volume: 1,062
Price: 280p
Value: £2,973.60

Company: CMC Markets
Name: Euan William Marshall
Volume: 164
Price: 181.99p
Value: £298.46

Company: CMC Markets
Name: David John Fineberg
Volume: 164
Price: 181.99p
Value: £298.46

Company: Moneysupermarket.com Group
Name: Matthew Cresswell
Volume: 56
Price: 267.3p
Value: £149.69

Company: Moneysupermarket.com Group
Name: Peter Duffy
Volume: 56
Price: 267.3p
Value: £149.69

Company: Moneysupermarket.com Group
Name: Matthew Whittle
Volume: 38
Price: 267.3p
Value: £101.57

Exchange: London Stock Exchange
Sell:
8,788.00 p
Buy:
7,416.00 p
Change:
110.00
(1.33%)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

IWeb is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.