Trustpilot Group (LON:TRST) Insider Acquires £149,343 in Stock

Trustpilot Group plc (LON:TRST) insider Adrian Blair acquired 74,300 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was acquired at an average cost of GBX 201 per share, with a total value of £149,343.

Adrian Blair also recently made the following trade(s):

• On Tuesday, October 21st, Adrian Blair purchased 49,623 shares of Trustpilot Group stock. The stock was acquired at an average cost of GBX 200 per share, with a total value of £99,246.

Trustpilot Group Stock Performance

TRST opened at GBX 213.80 on Friday. The business has a 50 day moving average price of GBX 213.10 and a two-hundred day moving average price of GBX 227.25. Trustpilot Group plc has a 1-year low of GBX 178.40 and a 1-year high of GBX 361.50. The company has a market capitalization of £870.22 million, a price-to-earnings ratio of -1.80 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.31 and a quick ratio of 1.71.

Trustpilot Group declared that its Board of Directors has approved a share buyback program on Tuesday, September 16th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on TRST shares. Deutsche Bank Aktiengesellschaft increased their price target on Trustpilot Group from GBX 331 to GBX 343 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. UBS Group reiterated a “buy” rating and issued a GBX 400 target price on shares of Trustpilot Group in a report on Friday, September 5th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 420 price objective on shares of Trustpilot Group in a report on Tuesday, July 15th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 340.75.

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.