Insider Selling: Trustpilot Group (LON:TRST) Insider Sells 53,000 Shares of Stock

Trustpilot Group plc (LON:TRST) insider Peter Holten Mühlmann sold 53,000 shares of the company’s stock in a transaction 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 stock was sold at an average price of GBX 239, for a total value of £858,010.

Trustpilot Group Price Performance

Shares of LON TRST traded up GBX 5.60 during mid-day trading on Thursday, reaching GBX 243. The company had a trading volume of 7,034,330 shares, compared to its average volume of 9,284,589. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57. Trustpilot Group plc has a one year low of GBX 125.40 and a one year high of GBX 289.40. The firm has a market cap of £950.45 million, a price-to-earnings ratio of -2.05 and a beta of 0.73. The business’s 50-day simple moving average is GBX 172.80 and its 200 day simple moving average is GBX 185.52.

Analysts Set New Price Targets

TRST has been the topic of several recent analyst reports. Berenberg Bank raised their target price on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective 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 research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Trustpilot Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 316.

About Trustpilot Group

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.