Nathan Coe Sells 70,158 Shares of Auto Trader Group (LON:AUTO) Stock

Auto Trader Group plc (LON:AUTO) insider Nathan Coe sold 70,158 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 497, for a total transaction of £348,685.26.

Nathan Coe also recently made the following trade(s):

• On Friday, May 22nd, Nathan Coe bought 11,000 shares of Auto Trader Group stock. The shares were acquired at an average price of GBX 448 per share, with a total value of £49,280.

Auto Trader Group Trading Down 2.4%

LON AUTO opened at GBX 490 on Wednesday. Auto Trader Group plc has a 1 year low of GBX 418.60 and a 1 year high of GBX 844.40. The company has a debt-to-equity ratio of 50.60, a current ratio of 1.73 and a quick ratio of 1.50. The company has a market capitalization of £3.86 billion, a PE ratio of 14.38, a P/E/G ratio of 3.99 and a beta of 0.69. The company has a fifty day moving average of GBX 480.51 and a 200 day moving average of GBX 496.52.

Auto Trader Group (LON:AUTO) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. The company had revenue of £624.30 million for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. Research analysts forecast that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on AUTO. UBS Group reiterated a “sell” rating and set a GBX 470 price target on shares of Auto Trader Group in a research report on Monday, May 18th. Berenberg Bank lowered their price objective on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. JPMorgan Chase & Co. dropped their price objective on shares of Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating on the stock in a research note on Friday, May 22nd. Citigroup cut 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 report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of GBX 550.33.

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.