Insider Buying: Auto Trader Group (LON:AUTO) Insider Buys 5,643 Shares of Stock

Auto Trader Group plc (LON:AUTO) insider Matt Davies bought 5,643 shares of the stock in a transaction dated Wednesday, May 27th. The stock was bought at an average price of GBX 443 per share, for a total transaction of £24,998.49.

Matt Davies also recently made the following trade(s):

• On Thursday, May 21st, Matt Davies purchased 5,532 shares of Auto Trader Group stock. The stock was acquired at an average cost of GBX 452 per share, with a total value of £25,004.64.

Auto Trader Group Stock Performance

LON AUTO opened at GBX 440.40 on Wednesday. The stock has a market capitalization of £3.59 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 3.99 and a beta of 0.69. Auto Trader Group plc has a twelve month low of GBX 431.40 and a twelve month high of GBX 906. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 50.60. The stock has a 50-day moving average of GBX 485.72 and a 200 day moving average of GBX 540.71.

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 company had revenue of £624.30 million during the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. Sell-side analysts anticipate that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on AUTO shares. UBS Group reissued a “sell” rating and set a GBX 470 target price on shares of Auto Trader Group in a report on Monday, May 18th. Citigroup reduced their target price on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a report on Thursday, April 9th. Berenberg Bank reduced their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a report on Tuesday. JPMorgan Chase & Co. reduced their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of GBX 553.40.

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.