Insider Buying: Auto Trader Group (LON:AUTO) Insider Buys 5,643 Shares of Stock

Auto Trader Group plc (LON:AUTO) insider Matt Davies acquired 5,643 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was acquired at an average price of GBX 443 per share, with a total value of £24,998.49.

Matt Davies also recently made the following trade(s):

• On Thursday, May 21st, Matt Davies acquired 5,532 shares of Auto Trader Group stock. The stock was acquired at an average price of GBX 452 per share, with a total value of £25,004.64.

Auto Trader Group Trading Up 0.3%

Shares of Auto Trader Group stock opened at GBX 440.40 on Wednesday. The firm has a market capitalization of £3.59 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 3.99 and a beta of 0.69. Auto Trader Group plc has a fifty-two week low of GBX 431.40 and a fifty-two week high of GBX 906. The company has a debt-to-equity ratio of 50.60, a quick ratio of 1.50 and a current ratio of 1.73. The stock has a 50 day moving average of GBX 485.72 and a 200 day moving average of GBX 540.71.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings data 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 60.53% and a net margin of 47.08%.The company had revenue of £624.30 million during the quarter. As a group, research analysts predict that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AUTO shares. JPMorgan Chase & Co. lowered their price target on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research report on Friday, May 22nd. UBS Group restated a “sell” rating and set a GBX 470 price target on shares of Auto Trader Group in a research report on Monday, May 18th. Citigroup lowered their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft lowered their price target on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research report on Friday, March 27th. Finally, Berenberg Bank decreased their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of GBX 553.40.

Auto Trader Group Company Profile

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.