Key Points
- Significant insider sales: Founder Peter Holten Mühlmann sold 53,000 shares on Mar. 17 (GBX 217) and a further 359,000 on Mar. 18 (GBX 239), while CFO Hanno Damm sold 200,000 shares on Mar. 17, together representing sizable personal disposals that may pressure sentiment.
- Analyst support and market reaction: Despite the insider selling, major brokers (Berenberg, Deutsche Bank, RBC) have boosted targets or kept buy/outperform ratings—driving an average target of GBX 316—and the stock was trading up about 2.2% to GBX 242.60.
Trustpilot Group plc (LON:TRST - Get Free Report) insider Peter Holten Mühlmann sold 53,000 shares of the company's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of GBX 217, for a total value of £115,010.
Peter Holten Mühlmann also recently made the following trade(s):
- On Wednesday, March 18th, Peter Holten Mühlmann sold 359,000 shares of Trustpilot Group stock. The shares were sold at an average price of GBX 239, for a total transaction of £858,010.
Trustpilot Group Trading Up 2.2%
LON TRST opened at GBX 242.60 on Friday. The company's fifty day moving average price is GBX 173.97 and its two-hundred day moving average price is GBX 185.92. The company has a market capitalization of £948.89 million, a price-to-earnings ratio of -2.05 and a beta of 0.73. Trustpilot Group plc has a 12 month low of GBX 125.40 and a 12 month high of GBX 289.40. The company has a debt-to-equity ratio of -269.41, a current ratio of 0.57 and a quick ratio of 1.71.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on TRST shares. Berenberg Bank lifted their target price on Trustpilot Group from GBX 300 to GBX 315 and gave the stock a "buy" rating in a research report on Wednesday. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 290 price objective on shares of Trustpilot Group in a report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Trustpilot Group from GBX 354 to GBX 375 and gave the company a "buy" rating in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Trustpilot Group has an average rating of "Moderate Buy" and an average target price of GBX 316.
Check Out Our Latest Research Report on TRST
Key Stories Impacting Trustpilot Group
Here are the key news stories impacting Trustpilot Group this week:
- Positive Sentiment: Berenberg raised its price target to GBX 315 and kept a "buy" rating, signaling stronger buy-side sentiment from a major EU broker. Berenberg raise
- Positive Sentiment: Deutsche Bank raised its price target to GBX 375 and reiterated a "buy" rating, adding institutional support that can lift investor expectations. Deutsche Bank raise
- Neutral Sentiment: Reporting services published an update disclosing the series of senior share transactions, increasing transparency around recent insider activity. TipRanks disclosure
- Negative Sentiment: Founder Peter Holten Mühlmann sold 53,000 shares on Mar. 17 at an average GBX 217 (≈£115k), a material personal disposal that can be read negatively by some investors.
- Negative Sentiment: CFO Hanno Damm sold 200,000 shares on Mar. 17 at an average GBX 210 (≈£420k), another sizable insider sale that may raise short-term sentiment concerns.
- Negative Sentiment: Peter Holten Mühlmann sold an additional 359,000 shares on Mar. 18 at an average GBX 239 (≈£858k), increasing total insider disposals and potential downward pressure on sentiment.
Trustpilot Group Company Profile
(
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.
See Also
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