Insider Buying: Trustpilot Group (LON:TRST) Insider Acquires £149,200.08 in Stock

Trustpilot Group plc (LON:TRST) insider Zillah Byng-Thorne purchased 108,116 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The shares were purchased at an average cost of GBX 138 per share, for a total transaction of £149,200.08.

Zillah Byng-Thorne also recently made the following trade(s):

• On Tuesday, September 16th, Zillah Byng-Thorne acquired 27,755 shares of Trustpilot Group stock. The stock was acquired at an average cost of GBX 215 per share, with a total value of £59,673.25.
• On Tuesday, September 16th, Zillah Byng-Thorne acquired 16,500 shares of Trustpilot Group stock. The shares were acquired at an average price of GBX 212 per share, for a total transaction of £34,980.

Trustpilot Group Stock Performance

Shares of LON TRST opened at GBX 146.40 on Friday. The company has a quick ratio of 1.71, a current ratio of 1.31 and a debt-to-equity ratio of 41.16. The firm’s 50-day moving average price is GBX 197.45 and its two-hundred day moving average price is GBX 219.58. Trustpilot Group plc has a 52-week low of GBX 125.40 and a 52-week high of GBX 361.50. The stock has a market capitalization of £584.44 million, a P/E ratio of -1.24 and a beta of 1.02.

Trustpilot Group announced that its Board of Directors has authorized a share repurchase program on Tuesday, September 16th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

TRST has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Trustpilot Group from GBX 331 to GBX 343 and gave the company a “buy” rating in a research report on Tuesday, September 16th. UBS Group reiterated a “buy” rating and issued a GBX 400 target price on shares of Trustpilot Group in a research note on Friday, September 5th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 340.75.

Trustpilot Group Company Profile

Trustpilot began in 2007 with a simple yet powerful idea that is more relevant today than ever — to be the universal symbol of trust, bringing consumers and businesses together through reviews. Trustpilot is open, independent, and impartial — we help consumers make the right choices and businesses to build trust, grow and improve.

Today, we have more than 300 million reviews and 67 million monthly active users across the globe, with 127 billion annual Trustpilot brand impressions, and the numbers keep growing.