{"id":60987,"date":"2024-11-26T09:04:05","date_gmt":"2024-11-26T09:04:05","guid":{"rendered":"https:\/\/www.etfworld.com\/nl\/?p=60987"},"modified":"2024-11-29T11:46:27","modified_gmt":"2024-11-29T11:46:27","slug":"graniteshares-analysis-reveals-directors-of-uk-listed-companies-see-current-valuations-of-their-companies-as-a-buying-opportunity","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/graniteshares-analysis-reveals-directors-of-uk-listed-companies-see-current-valuations-of-their-companies-as-a-buying-opportunity\/","title":{"rendered":"GraniteShares : Analysis reveals directors of UK listed companies see current valuations of their companies as a buying opportunity"},"content":{"rendered":"<h5 style=\"text-align: justify;\">New analysis of directors\u2019 dealings by <strong>GraniteShares<\/strong> reveals many directors of UK listed companies saw the short-term dip in UK equities following the Budget on 30<sup>th<\/sup> October as a buying opportunity\u00a0 to purchase their own company\u2019s stock.<\/h5>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<p style=\"text-align: center;\"><a href=\"\/co.uk\/newsletter\"><strong>Sign up to our free newsletters<\/strong><\/a><\/p>\n<hr \/>\n<p><strong>Will Rhind, Founder and CEO at GraniteShares<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\">Between 30<sup>th<\/sup> October and 22<sup>nd<\/sup> November 2024 there were 420 sale or buy transactions made by directors of UK listed companies, of which six out of seven (86%) \u2013 or 363 \u2013 were share purchases. As a result, directors acquired a total of 95 million shares in their companies during this period, which compares to the 21.1 million shares they have sold.<\/p>\n<p style=\"text-align: justify;\">The combined value of the purchased shares was \u00a347.4 million, however the market value of the shares offloaded by company directors was \u00a3279.3 million. \u00a0\u00a0GraniteShares believe many of these sales were of stock held by company directors for some time, as they looked to lock in gains and offload the shares following the rise in capital gains tax.<\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #56aa1c;\">Will Rhind, Founder and CEO of GraniteShares<\/span>, said: <\/strong>\u201cOur analysis reveals that directors of UK listed companies have placed a strong focus on buying as opposed to selling shares since the Budget on 30<sup>th<\/sup> October.<\/p>\n<p style=\"text-align: justify;\">\u201cThe FTSE 100 fell in the aftermath of the tax-raising Budget amid fears that interest rates could take longer to drop than previously expected as a result of higher-for-longer borrowing. With share prices falling, many directors saw it as a good buying opportunity to increase their exposure to their company\u2019s stock, as evidenced by our research.\u201d<\/p>\n<p style=\"text-align: justify;\"><span style=\"text-align: justify;\">Source: ETFWorld.co.uk<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New analysis of directors\u2019 dealings by GraniteShares reveals many directors of UK listed companies saw the short-term dip in UK equities following the Budget on 30th October as a buying opportunity\u00a0 to purchase their own company\u2019s stock.<\/p>\n","protected":false},"author":4,"featured_media":60767,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[12],"tags":[347],"class_list":["post-60987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-analyse","tag-graniteshares"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/60987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=60987"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/60987\/revisions"}],"predecessor-version":[{"id":60988,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/60987\/revisions\/60988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/60767"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=60987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=60987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=60987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}