Pinewood Technologies Group (LON:PINE) Trading Down 31.8% – Here’s What Happened

Shares of Pinewood Technologies Group PLC (LON:PINE) traded down 31.8% during mid-day trading on Monday . The stock traded as low as GBX 297 and last traded at GBX 297.86. 7,124,563 shares were traded during trading, an increase of 287% from the average session volume of 1,839,134 shares. The stock had previously closed at GBX 436.50.

Pinewood Technologies Group News Summary

Here are the key news stories impacting Pinewood Technologies Group this week:

• Positive Sentiment: Several directors and executives bought shares on Feb 16–17, signalling management confidence and providing a potential support level after the sell‑off. Read More.
• Positive Sentiment: Non‑executive directors and the CFO publicly increased their stakes (multiple filings reported), reinforcing the insider conviction narrative. Read More.
• Neutral Sentiment: The board has issued statements that the company remains confident in its strategy and outlook despite the aborted bid — reassuring but it does not replace the lost takeover premium. Read More.
• Neutral Sentiment: Broker notes and market commentary are circulating (coverage includes Pinewood in broker tips), which can affect short‑term flows but so far reflect mixed views post‑bid. Read More.
• Negative Sentiment: Apax Partners withdrew its ~£575m bid, citing a sharp re‑rating driven by AI‑related valuation concerns; loss of that takeover premium is the primary reason for the stock’s large decline. Read More.
• Negative Sentiment: Wider AI sector volatility and investor fears about future earnings/valuations exacerbated selling pressure and scuppered the deal — analysts and press link the retreat to AI re‑rating. Read More.

Analyst Ratings Changes

Separately, Berenberg Bank increased their price target on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Pinewood Technologies Group has a consensus rating of “Buy” and a consensus price target of GBX 725.

Pinewood Technologies Group Trading Down 1.7%

The business’s fifty day simple moving average is GBX 379.01 and its 200 day simple moving average is GBX 415.40. The stock has a market cap of £345.09 million, a price-to-earnings ratio of 4.83 and a beta of 0.56.

Insider Buying and Selling

In related news, insider Brian Small purchased 6,600 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were purchased at an average price of GBX 296 per share, with a total value of £19,536. Also, insider Oliver Mann bought 25,045 shares of Pinewood Technologies Group stock in a transaction that occurred on Monday, February 16th. The stock was bought at an average cost of GBX 307 per share, with a total value of £76,888.15. Over the last ninety days, insiders purchased 64,957 shares of company stock valued at $20,349,448. 47.43% of the stock is owned by company insiders.

About Pinewood Technologies Group

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.