David Staples

David Staples is a declared insider of Ruffer Investment Company Limited, with filings sourced from RNS (LSE). In total, 3 filings cover trades dated from 10 April 2018 to 6 December 2021.

Every open-market trade on record is a purchase: 3 purchases worth €1.5M, and no sale. Unlike grants, an open-market purchase is paid for by the insider, at the market price. So far in 2021, the count stands at 1 purchase and no sales.

The median purchase comes to €52k. On 1 out of 3 purchases, another insider of the same company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 100% of cases, with a median move of +1.3%. This is a record of the past, not a forecast.

The newest entry dates from 7 December 2021: an open-market purchase of €1.4M, in Ruffer Investment Company Limited. Half of the filings or more reach the RNS (LSE) feed on the day of the trade. For comparison, UK MAR gives managers three business days to notify a trade. These figures are compiled from regulatory filings published by RNS (LSE). They describe what insiders did and are not a recommendation.