I noted on Match 31st that I had seen significant buying by the CEO, CFO and Chairman of Misys (MSY, 172p). (link to note of 31/3 here). Misys are up more than 35% relative to the FTSE250 index since March 31st, fuelled recently by some outstanding results and a positive outlook (July 24th comment by Reuters here).

Yesterday we saw Dominic Cadbury, the Chairman of Misys, reinforcing his beliefs by investing £617,000, a sizable amount in anybodys money. He bought 380,000 shares at 162.5p, to more than double his holding to 655,000 shares.

It wouldn’t surprise me to see other directors follow suit shortly.

This move strongly reinforces my comments of March 31st.