Insider Buying: Trustpilot Group (LON:TRST) Insider Acquires 180,000 Shares of Stock

Trustpilot Group plc (LON:TRST) insider Mohammed Anjarwala acquired 180,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was purchased at an average price of GBX 258 per share, with a total value of £464,400.

Mohammed Anjarwala also recently made the following trade(s):

• On Tuesday, April 21st, Mohammed Anjarwala acquired 220,000 shares of Trustpilot Group stock. The stock was purchased at an average price of GBX 261 per share, with a total value of £574,200.
• On Tuesday, March 24th, Mohammed Anjarwala sold 21,593,420 shares of Trustpilot Group stock. The shares were sold at an average price of GBX 214, for a total value of £46,209,918.80.

Trustpilot Group Stock Down 1.5%

Shares of TRST stock traded down GBX 3.80 on Thursday, hitting GBX 251.20. The stock had a trading volume of 4,436,765 shares, compared to its average volume of 19,388,268. The company has a market cap of £971.75 million, a PE ratio of 139.56 and a beta of 0.35. The business has a 50 day moving average price of GBX 187.30 and a 200 day moving average price of GBX 186.50. Trustpilot Group plc has a one year low of GBX 125.40 and a one year high of GBX 289.40. The company has a quick ratio of 1.71, a current ratio of 0.57 and a debt-to-equity ratio of -269.41.

Wall Street Analyst Weigh In

Several research firms have commented on TRST. Deutsche Bank Aktiengesellschaft increased their price target on shares of Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Berenberg Bank increased their price target on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Finally, Royal Bank Of Canada upped their price objective on shares of Trustpilot Group from GBX 290 to GBX 305 and gave the company an “outperform” rating in a report on Wednesday, April 1st. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Trustpilot Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 319.

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.