Pinewood Technologies Group (LON:PINE) Shares Down 32.6% – Here’s Why

Pinewood Technologies Group PLC (LON:PINE)’s share price fell 32.6% during trading on Monday . The company traded as low as GBX 288.90 and last traded at GBX 294. 4,325,244 shares were traded during mid-day trading, an increase of 147% from the average session volume of 1,751,656 shares. The stock had previously closed at GBX 436.50.

Key Stories Impacting Pinewood Technologies Group

Here are the key news stories impacting Pinewood Technologies Group this week:

• Positive Sentiment: Multiple insider purchases today (including a senior executive and non‑executive directors), signalling management’s confidence and providing a potential floor under the stock. MarketBeat PINE insider transactions
• Positive Sentiment: Company officers and directors publicly disclosed additional share purchases (director and CFO filings), reinforcing insider conviction after the bid collapse. TipRanks – Director increases stake
• Neutral Sentiment: Pinewood’s board and management have issued statements saying the company remains confident in its strategy and outlook despite the aborted deal; this helps reassure investors but does not replace the lost takeover premium. Sharecast – Pinewood still confident
• Negative Sentiment: Apax Partners has withdrawn its ~£575m bid for Pinewood, citing a sharp re‑rating in the market driven by AI‑related valuation concerns; loss of the takeover premium is the primary driver of the share decline. FT – Pinewood plummets after AI sell-off scuppers £575mn deal
• Negative Sentiment: Wider AI sector volatility and investor fear about future earnings/valuation contributed to the bid collapse and heavy intraday selling; multiple outlets report the retreat and consequent sharp fall in the stock. Yahoo Finance – AI fears doom £575m takeover

Analysts Set New Price Targets

Separately, Berenberg Bank raised their target price on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Pinewood Technologies Group presently has an average rating of “Buy” and a consensus target price of GBX 725.

Pinewood Technologies Group Stock Down 32.6%

The business has a 50-day moving average of GBX 381.73 and a 200-day moving average of GBX 417.96. The stock has a market cap of £336.57 million, a price-to-earnings ratio of 4.71 and a beta of 0.56.

Insider Buying and Selling

In other Pinewood Technologies Group news, insider Dietmar Exler acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, February 16th. The shares were purchased at an average price of GBX 295 per share, with a total value of £7,375. Also, insider Oliver Mann bought 25,045 shares of Pinewood Technologies Group stock in a transaction on Monday, February 16th. The stock was acquired at an average price of GBX 307 per share, with a total value of £76,888.15. Over the last quarter, insiders have bought 41,466 shares of company stock worth $13,396,112. Insiders own 47.43% of the company’s stock.

About Pinewood Technologies Group

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.