Key Points
- Adrian Blair bought 95,296 Trustpilot shares on Dec. 9 at GBX 157 (£149,614.72), and also purchased 74,300 shares on Oct. 22 and 49,623 on Oct. 21 — a total of 219,219 shares for about £398,203.72 across the three trades.
- Trustpilot shares opened at GBX 160.84, trading below the 50‑day (GBX 194.69) and 200‑day (GBX 218.33) moving averages, while the consensus analyst target is a much higher GBX 340.75, implying significant implied upside.
- The board initiated a share buyback program on Sept. 16 to repurchase stock via the open market, a move often interpreted as management signaling the shares may be undervalued.
Trustpilot Group plc (LON:TRST - Get Free Report) insider Adrian Blair purchased 95,296 shares of Trustpilot Group stock in a transaction on Tuesday, December 9th. The stock was bought at an average price of GBX 157 per share, for a total transaction of £149,614.72.
Adrian Blair also recently made the following trade(s):
- On Wednesday, October 22nd, Adrian Blair acquired 74,300 shares of Trustpilot Group stock. The shares were purchased at an average price of GBX 201 per share, with a total value of £149,343.
- On Tuesday, October 21st, Adrian Blair bought 49,623 shares of Trustpilot Group stock. The stock was purchased at an average cost of GBX 200 per share, for a total transaction of £99,246.
Trustpilot Group Price Performance
LON:TRST opened at GBX 160.84 on Wednesday. The business's 50-day moving average is GBX 194.69 and its 200 day moving average is GBX 218.33. Trustpilot Group plc has a 12 month low of GBX 125.40 and a 12 month high of GBX 361.50. The company has a market capitalization of £642.09 million, a P/E ratio of -1.36 and a beta of 1.02. The company has a current ratio of 1.31, a quick ratio of 1.71 and a debt-to-equity ratio of 41.16.
Trustpilot Group announced that its board has initiated a share buyback program on Tuesday, September 16th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of research firms have recently commented on TRST. UBS Group reiterated a "buy" rating and set a GBX 400 target price on shares of Trustpilot Group in a research report on Friday, September 5th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Trustpilot Group from GBX 331 to GBX 343 and gave the company a "buy" rating in a research note on Tuesday, September 16th. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 340.75.
View Our Latest Stock Report on TRST
About Trustpilot Group
(
Get Free Report)
Trustpilot began in 2007 with a simple yet powerful idea that is more relevant today than ever — to be the universal symbol of trust, bringing consumers and businesses together through reviews. Trustpilot is open, independent, and impartial — we help consumers make the right choices and businesses to build trust, grow and improve.
Today, we have more than 300 million reviews and 67 million monthly active users across the globe, with 127 billion annual Trustpilot brand impressions, and the numbers keep growing.
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