Insider Buying: Auto Trader Group (LON:AUTO) Insider Acquires 5,477 Shares of Stock

Auto Trader Group plc (LON:AUTO) insider Amanda James purchased 5,477 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were bought at an average cost of GBX 454 per share, with a total value of £24,865.58.

Auto Trader Group Stock Down 5.8%

Shares of AUTO stock traded down GBX 29 during trading hours on Thursday, hitting GBX 467.30. 32,566,344 shares of the company were exchanged, compared to its average volume of 32,305,139. The company has a debt-to-equity ratio of 10.48, a quick ratio of 1.50 and a current ratio of 1.77. The business’s 50-day simple moving average is GBX 488.77 and its two-hundred day simple moving average is GBX 549.88. Auto Trader Group plc has a one year low of GBX 445.80 and a one year high of GBX 920. The stock has a market capitalization of £3.81 billion, a price-to-earnings ratio of 14.05, a P/E/G ratio of 3.99 and a beta of 0.69.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. Auto Trader Group had a return on equity of 51.86% and a net margin of 47.69%.The business had revenue of £624.30 million during the quarter. Sell-side analysts predict that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AUTO. Deutsche Bank Aktiengesellschaft cut their price target on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a report on Friday, March 27th. UBS Group reaffirmed a “sell” rating and issued a GBX 470 price objective on shares of Auto Trader Group in a report on Monday. Citigroup reduced their target price on shares of Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, JPMorgan Chase & Co. decreased their price target on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating for the company in a research note on Thursday, March 19th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Auto Trader Group currently has an average rating of “Hold” and an average price target of GBX 598.40.

About Auto Trader Group

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.