The five stocks UK investors have been buying recently

From Tesla to iShares, here are the five companies that UK investors have been taking a keen interest in over the past seven days.

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Trader on video call from his home office

Image source: Getty Images

Electric car manufacturer Tesla experienced the highest trading activity last week, suggesting it’s a popular choice among UK investors. But what other stocks have UK investors been buying and selling recently? Here’s the lowdown.


What’s the deal with Tesla?

According to Hargreaves Lansdown, its UK investors have been keen to both buy and sell Tesla shares over the past week. Elon Musk’s company, which is one of the most valuable car companies in the world, witnessed a 3.71% increase in the value of its shares traded over the past week.

Interestingly, Tesla also topped the list of the most sold shares. The value of Tesla shares being offloaded increased by 5.04% over the past week.

This activity suggests that Tesla stock is being bought and sold by a large number of day traders hoping to turn a quick profit from the car maker’s volatility.

Over the past seven days, the value of a Tesla share has fluctuated. It went from $1,037 (£761.23) to $1,208 (£883.08) by Monday, and then back down to $1,172 (£860.32) by Wednesday morning.

What other shares did UK investors buy last week?

Aside from Tesla, The Hut Group was a popular buy for UK investors, with a 2.2% increase in the value of deals. The activity has no doubt been driven by investors trying to capitalise on the company’s shares sliding by 7% over the past seven days following news that major investor BlackRock is to half its stake in the company.

The third most popular choice among UK investors was Scottish Mortgage Investment Trust plc. The company witnessed an increase of 2.09% in the value of its share purchases over the past week. The investment trust has witnessed a solid 2021 since its share price took a big tumble back in March.

Darktrace was the fourth most popular company among UK traders. The value of the cyber-defence company’s shares traded jumped by 1.92%.

Completing the top five was iShares plc, a collection of exchange-traded funds managed by BlackRock. The value of its shares purchased increased by 1.88%. 


What shares did UK investors offload last week?

Besides Tesla, Lloyds Banking Group, Scottish Mortgage Investment Trust plc, iShares plc, and GlaxoSmithKline plc were the most common shares offloaded by Hargreaves Lansdown investors last week. 

It’s worth knowing that Lloyds and GlaxoSmithKline both enjoyed a stellar October. Their respective share prices have risen by 13% and 12% over the past 30 days or so. However, high selling activity on these shares indicates UK investors don’t see their value rising as much in future. For this reason, many are choosing to crystallise their profits.

The appearance of Scottish Mortgage Investment Trust plc and iShares plc, in both the most and least traded list,  suggest that these companies are being favoured by day traders in a similar way to Tesla stock.

What does this trading activity tell us?

With three companies appearing on the list of most-bought and most-sold stocks, it seems logical that many short-term traders are looking to profit from stocks with volatile share prices. This is a risky strategy, as volatile shares can experience huge drops.

Many also believe that active investing – especially day trading – is a zero-sum game. In other words, for every winner, there has to be a loser. This isn’t necessarily the case for those who partake in passive investing.

It’s also worth bearing in mind that past performance does not indicate future returns. As a result, traders relying on the previous performance of a share price are unlikely to be successful. As with any investing, the value of your shares can fall as well as rise. Only ever invest what you can afford to lose.

Are you looking to invest? If you are keen to invest, take a look at our list of top-rated share dealing accounts. And if you’re new to investing, then take a look at The Motley Fool’s investing basics to get you started.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be considered so you should consider taking independent financial advice.

More on Personal Finance

Note paper with question mark on orange background
Personal Finance

Should you invest your ISA in a model portfolio?

Which model ISA portfolios offer both high performance and low fees? Hargreaves Lansdown, Interactive Investor and AJ Bell go under…

Read more »

Economic Uncertainty Ahead Sign With Stormy Background
Personal Finance

Is it time to exit emerging markets investments?

Investors may well be sitting on losses from emerging markets funds. Is it worth keeping the faith for a sustained…

Read more »

Personal Finance

Share trading? Three shares with turnaround potential

Share trading has been difficult in 2022, but which companies have turnaround potential? Jo Groves takes a closer look at…

Read more »

Man using credit card and smartphone for purchasing goods online.
Personal Finance

Revealed! Why Gen Z may be the savviest generation when it comes to credit cards

New research reveals that Gen Z may be the most astute when it comes to credit cards. But why? And…

Read more »

Environmental technology concept.
Personal Finance

The 10 best-performing sectors for ISA investors

The best-performing sectors over the past year invested in real assets such as infrastructure, but is this trend set to…

Read more »

Road sign warning of a risk ahead
Personal Finance

Recession risk ‘on the rise’: is it time for investors to worry?

A major global bank has suggested the risk of a recession in the UK is 'on the rise'. So, should…

Read more »

pensive bearded business man sitting on chair looking out of the window
Personal Finance

1 in 4 cutting back on investments amid cost of living crisis

New research shows one in four investors have cut back on their investing contributions to cope with the rising cost…

Read more »

Image of person checking their shares portfolio on mobile phone and computer
Personal Finance

The 10 most popular stocks among UK investors so far this year

As the new tax year kicks off, here's a look at some of the most popular stocks among UK investors…

Read more »