Key Points
- Insider purchase: Dietmar Exler bought 2,500 shares on Feb 16 at GBX 295 each, spending £7,375, indicating management buying into the stock.
- Sharp share decline: PINE fell about 32.6% after Apax Partners withdrew its roughly £575m takeover bid, with the collapse blamed on AI‑related re‑rating fears and the loss of the takeover premium.
- Analyst support: Berenberg raised its target to GBX 725 and gave a "buy" rating, and the stock currently has a consensus "Buy" with an average target around GBX 725.
Pinewood Technologies Group PLC (LON:PINE - Get Free Report) insider Dietmar Exler bought 2,500 shares of the company's stock in a transaction that occurred on Monday, February 16th. The shares were acquired at an average cost of GBX 295 per share, with a total value of £7,375.
Pinewood Technologies Group Stock Down 32.6%
Shares of PINE stock opened at GBX 294 on Tuesday. Pinewood Technologies Group PLC has a fifty-two week low of GBX 284.50 and a fifty-two week high of GBX 575. The firm's 50 day moving average price is GBX 380.19 and its two-hundred day moving average price is GBX 416.63. The stock has a market cap of £336.57 million, a price-to-earnings ratio of 4.71 and a beta of 0.56.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank increased their price target on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the company a "buy" rating in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of GBX 725.
View Our Latest Analysis on Pinewood Technologies Group
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
Pinewood Technologies Group Company Profile
(
Get Free Report)
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.
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