Adrian Blair Purchases 95,296 Shares of Trustpilot Group (LON:TRST) Stock

Trustpilot Group plc (LON:TRST) insider Adrian Blair purchased 95,296 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was purchased at an average price of GBX 157 per share, with a total value of £149,614.72.

Adrian Blair also recently made the following trade(s):

• On Wednesday, October 22nd, Adrian Blair bought 74,300 shares of Trustpilot Group stock. The shares were acquired at an average price of GBX 201 per share, for a total transaction of £149,343.
• On Tuesday, October 21st, Adrian Blair acquired 49,623 shares of Trustpilot Group stock. The shares were purchased at an average price of GBX 200 per share, with a total value of £99,246.

Trustpilot Group Price Performance

Shares of TRST traded up GBX 6.76 during trading hours on Tuesday, reaching GBX 159.16. The company had a trading volume of 10,220,187 shares, compared to its average volume of 3,771,206. The company has a market capitalization of £635.40 million, a price-to-earnings ratio of -1.34 and a beta of 1.02. Trustpilot Group plc has a 12-month low of GBX 125.40 and a 12-month high of GBX 361.50. The firm has a 50 day simple moving average of GBX 196.01 and a 200-day simple moving average of GBX 218.82. The company has a current ratio of 1.31, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16.

Trustpilot Group announced that its board has initiated a share buyback plan on Tuesday, September 16th that permits the company to buyback 0 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TRST. UBS Group reaffirmed a “buy” rating and set a GBX 400 price target on shares of Trustpilot Group in a research report on Friday, September 5th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Trustpilot Group from GBX 331 to GBX 343 and gave the company a “buy” rating in a research report on Tuesday, September 16th. 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 data from MarketBeat, Trustpilot Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 340.75.

About Trustpilot Group

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.