Auto Trader Group (LON:AUTO) Insider Buys £24,881.92 in Stock

Auto Trader Group plc (LON:AUTO) insider Jasvinder Gakhal bought 5,554 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of GBX 448 per share, for a total transaction of £24,881.92.

Auto Trader Group Price Performance

Auto Trader Group stock opened at GBX 439.20 on Tuesday. Auto Trader Group plc has a 12 month low of GBX 431.40 and a 12 month high of GBX 920. The stock’s 50 day moving average is GBX 486.82 and its 200-day moving average is GBX 543. 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 company has a market capitalization of £3.58 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69.

Auto Trader Group (LON:AUTO) last posted its earnings results on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%.The company had revenue of £624.30 million for the quarter. Equities research analysts expect that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Berenberg Bank decreased their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. decreased their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating on the stock in a research report on Friday. UBS Group reaffirmed a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft decreased their target price on 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. Finally, Citigroup decreased their target price on 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. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Auto Trader Group currently has an average rating of “Reduce” and a consensus price target 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.