Auto Trader Group (LON:AUTO) Insider Purchases £25,004.64 in Stock

Auto Trader Group plc (LON:AUTO) insider Matt Davies acquired 5,532 shares of Auto Trader Group stock in a transaction on Thursday, May 21st. The shares were bought at an average price of GBX 452 per share, with a total value of £25,004.64.

Auto Trader Group Price Performance

AUTO traded down GBX 29 during midday trading on Thursday, hitting GBX 467.30. 32,566,344 shares of the company traded hands, compared to its average volume of 32,305,139. The business has a 50 day simple moving average of GBX 488.77 and a two-hundred day simple moving average of GBX 549.88. Auto Trader Group plc has a 52-week low of GBX 445.80 and a 52-week high of GBX 920. The company has a market capitalization of £3.81 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 3.99 and a beta of 0.69. The company has a current ratio of 1.77, a quick ratio of 1.50 and a debt-to-equity ratio of 10.48.

Auto Trader Group (LON:AUTO) last released its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. The firm had revenue of £624.30 million during the quarter. Auto Trader Group had a net margin of 47.69% and a return on equity of 51.86%. On average, equities analysts forecast that Auto Trader Group plc will post 32.7973074 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AUTO. UBS Group restated a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research report on Monday. Citigroup reduced their price objective on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research note on Thursday, April 9th. JPMorgan Chase & Co. decreased their price objective on Auto Trader Group from GBX 630 to GBX 515 and set an “underweight” rating on the stock in a report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 598.40.

Auto Trader Group Company Profile

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.