Insider Buying: Auto Trader Group (LON:AUTO) Insider Acquires 5,554 Shares of Stock

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

Auto Trader Group Stock Performance

Shares of Auto Trader Group stock opened at GBX 439.20 on Tuesday. The firm has a market cap of £3.58 billion, a price-to-earnings ratio of 13.21, a price-to-earnings-growth ratio of 3.99 and a beta of 0.69. The stock’s 50-day moving average is GBX 486.82 and its 200-day moving average is GBX 543. Auto Trader Group plc has a one year low of GBX 431.40 and a one year high of GBX 920. The company has a debt-to-equity ratio of 50.60, a current ratio of 1.73 and a quick ratio of 1.50.

Auto Trader Group (LON:AUTO) last released its earnings results 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 for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. Equities analysts predict that Auto Trader Group plc will post 32.7973074 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on AUTO. Berenberg Bank lowered 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. Deutsche Bank Aktiengesellschaft lowered 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. 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. JPMorgan Chase & Co. lowered 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. Finally, Citigroup lowered 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 research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Auto Trader Group presently has a consensus rating of “Reduce” and a consensus 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.