Director Trades: Nearly 50 directors spent more than $100k each on trades this past fortnight

In the past fortnight there were nearly four dozen directors on the ASX who bought or sold shares in trades above $100,000.

Code	Company	Director	Change	Date	Volume	$	What
ODY	Odyssey Gold	Levi Mochkin	Buy	18 August	2,000,000	$188,158	On market
MBH	Maggie Beer	Hugh Robertson	Buy	20 August	278,871	$123,087	On market
TGR	Tassal Group	James Fazzino	Buy	19 August	70,345	$247,614	On market
SFC	Schaffer Corporation	David Schwartz	Buy	23 August	9,500	$204,229	On market
ARV	Artemis Resources	Alistair Clayton	Buy	23 August	2,000,000	$126,000	On market
SLR	Silver Lake Resourcrs	Luke Tonkin	Sell	20 August	580,000	$754,580	On market
TTB	Total Brain	David Daglio	Buy	19 August	1,453,349	$377,871	Rights Issue
TTB	Total Brain	David Torrible	Buy	19 August	1,315,528	$342,037	Rights Issue
SDF	Steadfast Group	Robert Kelly	Sell	23 August	285,000	$1,428,300	On market
XRO	Xero	Rod Drury	Sell	24 August	2,000,000	$300,000,000	Off market
BRG	Breville	Steven Fisher	Sell	24 August	60,000	$1,935,684	On market
MSV	Mitchell Services	Nathan Mitchell	Buy	25 Aug	4,601,521	$1,932,639	Rights Issue
MSV	Mitchell Services	Scott Tumbridge	Buy	25 August	1,794,259	$753,589	Rights Issue
SVW	Seven Group Holdings	Terry Davis	Buy	26 August	7,936	$173,866	On market
OKR	Okapi Resources	David Nour	Buy	25 August	1,000,000	$200,000	Placement
CTM	Corporate Travel Management	Jamie Pherous	Sell	26 August	1,740,000	$39,150,000	On market
NMT	Neometals	David Reed	Sell	25 August	2,000,000	$1,507,816	On market
ADH	Adairs	Brett Chenoweth	Buy	26 August	66,312	$250,271	On market
DDR	Dicker Data	David Dicker	Sell	27 August	2,740,000	$42,196,000	On market
APX	Appen	Richard Freudenstein	Buy	27 August	30,000	$313,941	On market
GME	GME Resources	Peter Sullivan	Buy	13 August	2,411,198	$108,504	Rights Issue
GME	GME Resources	Peter Huston	Buy	13 August	3,171,285	$142,708	Rights Issue
HUM	Humm	Andrew Abercrombie	Buy	25 August	200,353	$192,997	On market
SVY	Stavely Minerals	Robert Dennis	Buy	30 August	444,444	$192,684	On market
LGL	Lynch Group	Patrick Elliot	Buy	27 August	65,500	$246,630	On market
BCB	Bowen Coking Coal	Blair Sergeant	Buy	30 August	1,819,584	$121,912	Rights Issue
BCB	Bowen Coking Coal	Matthew Latimore	Buy	30 August	13,201,729	$884,516	Rights Issue
DDR	Dicker Data	Vladimir Mitnovetski	Buy	30 August	17,788	$128,000	On market
ZEO	Zeotech	Peter Zardo	Sell	26 August	30,500,000	$2,745,000	Off market
AMX	Aerometrex	Mark Lindh	Buy	30 August	128,206	$100,000	On market
FXR	Flexiroam	Tat Seng Koh	Buy	31 August	3,750,000	$150,000	Off market
JIN	Jumbo Interactive	Susan Forrester	Buy	31 August	9,000	$141,142	On market
SEK	Seek	Ian Narev	Sell	25 August	16,000	$503,840	On market
JRV	Jervois Global	Peter Johnston	Buy	1 September	850,000	$374,000	Rights Issue
PBH	PointsBet	Brett Paton	Buy	31 August	218,177	$1,745,416	Rights Issue
DSK	Dusk Group	Peter King	Sell	30 August	114,941	$350,629	On market
PTB	PTB Group	Craig Baker	Sell	1 September	150,000	$126,750	On market
MYX	Mayne Pharma	Frank Condella	Buy	1 September	412,121	$136,680	On market
TSI	Top Shelf	Adem Karafili	Buy	31 August	106,900	$199,304	On market
RBL	Redbubble	Martin Hosking	Sell	1 September	5,000,000	$21,000,000	On market
DDR	Dicker Data	Fiona Brown	Buy	1 September	8465	$121,520	Dividend Reinvestment Plan
VEA	Viva Energy	Scott Wyatt	Buy	31 August	455,000	$955,654	On market
HT8	Harris Technology	Garrison Huang	Buy	30 August	1,160,619	$132,668	On market
ABY	Adore Beauty	Justin Ryan	Buy	1 September	39,000	$190,873	On market
ARR	American Rare Earths	Denis Geldard	Buy	2 September	1,000,000	$182,000	On market
RAC	Race Oncology	John Cullity	Sell	2 September	61,745	$192,799	On market

The most notable big trades from ASX company directors

The most notable big trade from an ASX company director came from Dicker Data (ASX:DDR) boss David Dicker who sold over $42 million in shares earlier this week.

While many sell to pay a tax bill or exercise options, Dicker was very specific about what he’d be spending the money on:

Capital expenditure for his latest venture – a sports-car manufacturer
A purchase of a Bombardier private bet
Trading in the US equity markets

There were two other trades from Dicker directors: Vladimir Mitnovetski who bought $128,000 on market and Fiona Brown who bought $121,520 as part of a dividend reinvestment plan.

The biggest trade came from Xero (ASX:XRO) founder Rod Drury who sold $300 million in a block trade.

Corporate Travel Management (ASX:CTD) managing director Jamie Pherous sold just over $39 million in an on-market trade.

Martin Hosking from Redbubble (ASX:RBL) sold $21 million in an off-market trade – a sale the company said was to “meet financial commitments”.

And Peter Zardo from mineral processor Zeotech (ASX:ZEO) sold just over $2 million in shares in an off-market trade to existing shareholders.

There were a handful of slightly smaller sales which were conducted to fund the exercise of options or a tax bill. One was former CBA boss Ian Narev who parted with $503,840 in shares of Seek (ASX:SEK).

Another was John Cullity of Race Oncology (ASX:RAC) who sold just over $190,000.

Biggest buyers

The biggest buyer was Nathan Mitchell of drilling services firm Mitchell Services (ASX:MSV) who bought nearly $2 million in a rights issue. Scott Tumbridge chipped in too, purchasing $753,589.

No less than three other ASX companies also had multiple directors chipping in with big trades.

GME Resources (ASX:GME) directors Peter Sullivan and Peter Huston bought $108,504 and $142,708 in a rights issue. For the record this GME is the microcap explorer, not the US videogame outlet that became one of the first meme stocks at the start of this year.

Bowen Coking Coal (ASX:BCB) directors Blair Sergeant and Matthew Latimore bought $121,912 and $884,516 respectively in a rights issue.

And Total Brain (ASX:TTB) saw David Daglio buy $377,871 and David Torrible buy $342,037.

PointsBet (ASX:PBH) director Brett Paton bought over $1.7 million in his firm’s latest capital raising.

In a similar thematic, Susan Forrester from lotteries business Jumbo Interactive (ASX:JIN) bought just over $140,000 in an on-market trade.

Private equity investor Justin Ryan bought $190,000 in shares of fashion retailer Adore Beauty (ASX:ABY) which he is chairman of.

Other big trades among ASX directors included Lynch Group’s (ASX:LGL) Patrick Elliot who bought $246,630 and Humm’s (ASX:HUM) Andrew Abercrombie who bought $192,997.