Pinewood Technologies Group (LON:PINE) Trading Down 32.6% – Here’s Why

Pinewood Technologies Group PLC (LON:PINE)’s share price was down 32.6% during trading on Monday . The stock traded as low as GBX 288.90 and last traded at GBX 294. Approximately 4,325,244 shares changed hands 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.

Trending Headlines about Pinewood Technologies Group

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

• Positive Sentiment: Chief Financial Officer increased their personal holding via a share purchase, signalling some insider confidence. Pinewood Technologies CFO Increases Stake with Share Purchase
• Positive Sentiment: Non‑executive director Dietmar also bought shares, another insider buy that could be read as reassurance about the business outlook. Pinewood Technologies Director Increases Stake with Share Purchase
• Neutral Sentiment: Pinewood management issued public comments expressing continued confidence in the company’s future despite Apax pulling its offer — useful for sentiment but not an immediate replacement for the lost bid. Pinewood still confident in future despite Apax pulling offer
• Neutral Sentiment: Market commentators are debating whether the share drop creates a buying opportunity or signals deeper issues; expect more analyst notes and volatility while strategic options are reassessed. Pinewood Technologies Group (LON:PINE) Stock Price Down 31.4% – Should You Sell?
• Negative Sentiment: Apax Partners formally abandoned its ~£/US$ takeover bid for Pinewood.AI, removing the near‑term acquisition premium that had supported the share price. That announcement is the main driver of today’s sharp decline. Apax Partners Abandons $763 Million Bid for Pinewood.AI
• Negative Sentiment: Follow‑up reporting highlights Apax’s statement that no alternative bid is coming now and notes the immediate market reaction (large volume and a sharp price drop), increasing short‑term uncertainty for shareholders. No bid for DMS firm Pinewood.AI coming, says private equity firm Apax
• Negative Sentiment: Broad financial press coverage of the withdrawn bid is amplifying selling pressure and investor concern about Pinewood’s near‑term strategic path. Pinewood shares nosedive 30% as Apax Partners withdraws bid

Wall Street Analysts Forecast Growth

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

Pinewood Technologies Group Price Performance

The company has a 50 day simple moving average of GBX 381.73 and a 200-day simple moving average of GBX 417.96. The stock has a market cap of £336.57 million, a P/E ratio of 4.71 and a beta of 0.56.

Insider Buying and Selling

In other Pinewood Technologies Group news, insider William Berman purchased 13,921 shares of Pinewood Technologies Group stock in a transaction on Monday, December 1st. The shares were acquired at an average cost of GBX 357 per share, for a total transaction of £49,697.97. Also, insider Oliver Mann purchased 25,045 shares of the firm’s stock in a transaction on Monday, February 16th. The shares were acquired at an average cost of GBX 307 per share, for a total transaction of £76,888.15. Insiders bought 41,466 shares of company stock worth $13,396,112 in the last quarter. 47.43% of the stock is 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.