Mohammed Anjarwala Sells 21,593,420 Shares of Trustpilot Group (LON:TRST) Stock

Trustpilot Group plc (LON:TRST) insider Mohammed Anjarwala sold 21,593,420 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of GBX 214, for a total transaction of £46,209,918.80.

Trustpilot Group Stock Performance

Shares of LON TRST traded down GBX 40.21 during trading hours on Tuesday, reaching GBX 195.59. The stock had a trading volume of 14,262,901 shares, compared to its average volume of 22,344,986. The firm has a 50-day moving average of GBX 175.96 and a 200-day moving average of GBX 186.31. The firm has a market cap of £765.01 million, a price-to-earnings ratio of -1.65 and a beta of 0.73. The company has a current ratio of 0.57, a quick ratio of 1.71 and a debt-to-equity ratio of -269.41. Trustpilot Group plc has a fifty-two week low of GBX 125.40 and a fifty-two week high of GBX 289.40.

Analysts Set New Price Targets

A number of research firms have commented on TRST. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 290 price objective on shares of Trustpilot Group in a research note on Wednesday, January 21st. Berenberg Bank raised their price target on Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 316.

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.