Pinewood Technologies Group PLC (LON:PINE) Insider Oliver Mann Purchases 31,498 Shares

Pinewood Technologies Group PLC (LON:PINE) insider Oliver Mann purchased 31,498 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average price of GBX 325 ($4.07) per share, with a total value of £102,368.50 ($128,329.57).

Pinewood Technologies Group Stock Up 5.1 %

Shares of LON:PINE opened at GBX 340 ($4.26) on Friday. The company’s fifty day moving average is GBX 330.33 and its two-hundred day moving average is GBX 342.72. The company has a market cap of £294.07 million, a P/E ratio of 548.39 and a beta of 0.56. Pinewood Technologies Group PLC has a 12-month low of GBX 280.50 ($3.52) and a 12-month high of GBX 814 ($10.20).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 455 ($5.70) target price on shares of Pinewood Technologies Group in a report on Friday, October 25th.

About Pinewood Technologies Group

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.