Matt Davies Acquires 5,102 Shares of Auto Trader Group (LON:AUTO) Stock

Auto Trader Group plc (LON:AUTO) insider Matt Davies acquired 5,102 shares of Auto Trader Group stock in a transaction dated Monday, June 29th. The stock was purchased at an average price of GBX 490 per share, for a total transaction of £24,999.80.

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

• On Wednesday, May 27th, Matt Davies bought 5,643 shares of Auto Trader Group stock. The shares were purchased at an average price of GBX 443 per share, with a total value of £24,998.49.
• On Thursday, May 21st, Matt Davies bought 5,532 shares of Auto Trader Group stock. The stock was acquired at an average cost of GBX 452 per share, for a total transaction of £25,004.64.

Auto Trader Group Stock Up 3.0%

Auto Trader Group stock traded up GBX 14.40 during midday trading on Monday, reaching GBX 495.10. The company’s stock had a trading volume of 10,747,904 shares, compared to its average volume of 42,701,266. The company has a market cap of £3.99 billion, a P/E ratio of 14.53, a P/E/G ratio of 3.99 and a beta of 0.67. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 50.60. The business has a 50-day simple moving average of GBX 482.36 and a 200-day simple moving average of GBX 507.94. Auto Trader Group plc has a fifty-two week low of GBX 418.60 and a fifty-two week high of GBX 844.40.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AUTO. JPMorgan Chase & Co. lowered their target price on shares of Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating on the stock in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. Berenberg Bank cut their price objective on shares of Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research report on Tuesday, May 26th. Citigroup lowered their price target 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. Finally, UBS Group reissued a “sell” rating and set a GBX 470 price target on shares of Auto Trader Group in a research report on Monday, May 18th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.