Philip Machray

Philip Machray appears in our data through filings on Merit Group plc shares, published by RNS (LSE). In total, 7 filings cover trades dated from 10 December 2021 to 10 May 2024.

The open-market record is one-sided, with 5 purchases worth €228k and not one sale. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Outside the open market, there are 1 share grant and 1 option exercise. 2024 to date brings 2 purchases and no sales.

Half of the purchases are above €50k and half below. Clusters matter here: 5 out of 5 purchases overlapped with buying by a colleague within 30 days. Purchases made close together by different insiders form what is called a cluster. Looking at 4 purchases old enough to measure, the stock rose over the following 90 days in 50% of cases; the median change was -1.6%. This is a record of the past, not a forecast.

Most recently, on 14 May 2024, the filings show an open-market purchase worth €57k in Merit Group plc. Between a trade and the moment it shows up on RNS (LSE), the median delay is 3 days. The legal deadline for notifying a trade is three business days (UK MAR). Every figure here comes from the filings published by RNS (LSE) and describes the past, not future prices; it is not investment advice.