Insider Buying: Auto Trader Group (LON:AUTO) Insider Acquires 10,846 Shares of Stock

Auto Trader Group plc (LON:AUTO) insider Adam Jay acquired 10,846 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of GBX 459 per share, with a total value of £49,783.14.

Auto Trader Group Stock Performance

Shares of AUTO opened at GBX 439.20 on Tuesday. The stock has a 50-day simple moving average of GBX 486.82 and a 200-day simple moving average of GBX 543. The company has a debt-to-equity ratio of 50.60, a quick ratio of 1.50 and a current ratio of 1.73. The stock has a market capitalization of £3.58 billion, a PE ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69. Auto Trader Group plc has a 1 year low of GBX 431.40 and a 1 year high of GBX 920.

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AUTO shares. UBS Group reiterated a “sell” rating and issued a GBX 470 price objective on shares of Auto Trader Group in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft decreased their price objective on 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. JPMorgan Chase & Co. decreased their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research note on Friday. Berenberg Bank decreased their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research note on Tuesday. Finally, Citigroup decreased their target price on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research note 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of GBX 553.40.

Auto Trader Group Company Profile

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.