Pinewood Technologies Group (LON:PINE) Shares Down 32.6% – Time to Sell?

Pinewood Technologies Group PLC (LON:PINE)’s stock price dropped 32.6% during mid-day trading on Monday . The company traded as low as GBX 288.90 and last traded at GBX 294. Approximately 4,325,244 shares were traded during trading, an increase of 147% from the average daily volume of 1,751,656 shares. The stock had previously closed at GBX 436.50.

Key Stories Impacting Pinewood Technologies Group

Here are the key news stories impacting Pinewood Technologies Group this week:

• Positive Sentiment: Multiple insiders and directors bought stock today (large purchase by director Oliver Mann and purchases by Dietmar Exler and other directors/CFO), signalling management confidence and providing some buying support. Insider purchases (MarketBeat)
• Positive Sentiment: Company filings/announcements report director and CFO share dealings (directors increasing stakes), which investors often view as a positive signal of insider conviction. Director stake increase (TipRanks)
• Neutral Sentiment: Pinewood issued statements saying it remains confident in its future despite Apax withdrawing its offer — reassurance for long-term investors but insufficient to prevent the immediate market reaction. Company response (Sharecast)
• Negative Sentiment: Apax Partners has abandoned a proposed £/€/$763m bid for Pinewood.AI, removing a near-term acquisition premium and sparking a sharp sell-off in the stock. This is the primary driver of today’s price decline. Apax abandons bid (MarketWatch)
• Negative Sentiment: Widespread press coverage highlights the withdrawal and its market impact (headlines citing a ~30% drop), which can amplify selling pressure and short-term volatility. Coverage of share drop (MSN)

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their target price on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Pinewood Technologies Group has a consensus rating of “Buy” and an average target price of GBX 725.

Pinewood Technologies Group Stock Down 32.6%

The business’s fifty day moving average is GBX 381.73 and its 200-day moving average is GBX 417.96. The company has a market cap of £336.57 million, a PE ratio of 4.71 and a beta of 0.56.

Insider Transactions at Pinewood Technologies Group

In other Pinewood Technologies Group news, insider Dietmar Exler acquired 2,500 shares of the business’s stock in a transaction dated Monday, February 16th. The stock was purchased at an average price of GBX 295 per share, with a total value of £7,375. Also, insider Oliver Mann acquired 25,045 shares of Pinewood Technologies Group stock in a transaction dated Monday, February 16th. The stock was bought at an average price of GBX 307 per share, with a total value of £76,888.15. Insiders have acquired 41,466 shares of company stock worth $13,396,112 in the last 90 days. 47.43% of the stock is currently owned by insiders.

Pinewood Technologies Group Company Profile

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.