Auto Trader Group (LON:AUTO) Insider Buys £20,002.89 in Stock

Auto Trader Group plc (LON:AUTO) insider Jamie Warner purchased 4,377 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were acquired at an average price of GBX 457 per share, with a total value of £20,002.89.

Auto Trader Group Stock Performance

Shares of Auto Trader Group stock opened at GBX 439.20 on Tuesday. 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 business has a 50-day moving average price of GBX 486.82 and a two-hundred day moving average price of GBX 543. Auto Trader Group plc has a 1-year low of GBX 431.40 and a 1-year high of GBX 920. The company has a market cap of £3.58 billion, a P/E ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%.The firm had revenue of £624.30 million during the quarter. As a group, analysts anticipate that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on AUTO. JPMorgan Chase & Co. decreased their price target on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a research report on Friday, March 27th. Citigroup dropped their price target on shares of Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. UBS Group reissued a “sell” rating and set a GBX 470 target price on shares of Auto Trader Group in a research report on Monday, May 18th. Finally, Berenberg Bank dropped their target price on shares of Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of GBX 553.40.

About Auto Trader Group

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.