Media stories about TrueCar (NASDAQ:TRUE) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TrueCar earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.0274040111313 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

A number of research analysts recently issued reports on TRUE shares. B. Riley restated a “buy” rating and set a $18.00 price target (down previously from $21.00) on shares of TrueCar in a report on Tuesday, November 7th. Morgan Stanley upgraded TrueCar from an “underweight” rating to an “equal weight” rating and set a $13.00 price target on the stock in a report on Monday, October 2nd. Zacks Investment Research upgraded TrueCar from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Goldman Sachs Group reiterated a “neutral” rating and set a $17.00 target price on shares of TrueCar in a report on Wednesday, October 11th. Finally, Royal Bank of Canada reduced their target price on TrueCar from $23.00 to $18.00 and set an “outperform” rating on the stock in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $17.44.

TrueCar (NASDAQ TRUE) opened at $11.72 on Friday. TrueCar has a twelve month low of $10.16 and a twelve month high of $21.75. The company has a current ratio of 6.31, a quick ratio of 6.31 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1,180.00, a P/E ratio of -33.49 and a beta of 2.70.

In other news, SVP John Pierantoni sold 2,494 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $11.29, for a total value of $28,157.26. Following the sale, the senior vice president now directly owns 57,513 shares of the company’s stock, valued at approximately $649,321.77. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Neeraj Gunsagar sold 1,882 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $15.22, for a total value of $28,644.04. The disclosure for this sale can be found here. Insiders have sold a total of 15,917 shares of company stock worth $186,940 in the last quarter. Company insiders own 15.50% of the company’s stock.

WARNING: This piece of content was originally published by Daily Political and is the property of of Daily Political. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at

TrueCar Company Profile

TrueCar, Inc is an Internet-based information, technology, and communication services company. The Company has a data-driven online platform, which features market data and analytics. The Company-branded platform is available on its TrueCar Website and mobile applications. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for a range of enterprises.

Insider Buying and Selling by Quarter for TrueCar (NASDAQ:TRUE)

Receive News & Ratings for TrueCar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TrueCar and related companies with's FREE daily email newsletter.