Auto Trader Group (LON:AUTO) Insider Buys £24,999.80 in Stock

Auto Trader Group plc (LON:AUTO) insider Matt Davies purchased 5,102 shares of Auto Trader Group stock in a transaction dated Monday, June 29th. The stock was acquired 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 acquired at an average price of GBX 443 per share, with a total value of £24,998.49.
• On Thursday, May 21st, Matt Davies acquired 5,532 shares of Auto Trader Group stock. The stock was bought at an average cost of GBX 452 per share, with a total value of £25,004.64.

Auto Trader Group Trading Up 3.0%

Shares of LON:AUTO traded up GBX 14.40 during trading on Monday, reaching GBX 495.10. 10,747,904 shares of the company were exchanged, compared to its average volume of 42,701,266. The business’s fifty day simple moving average is GBX 482.36 and its 200-day simple moving average is GBX 507.94. 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 plc has a 12-month low of GBX 418.60 and a 12-month high of GBX 844.40. The firm has a market capitalization of £3.99 billion, a PE ratio of 14.53, a P/E/G ratio of 3.99 and a beta of 0.67.

Auto Trader Group (LON:AUTO) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. The company 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%. On average, research analysts anticipate that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AUTO. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research report on Friday, March 27th. UBS Group reissued a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research report on Monday, May 18th. Berenberg Bank lowered their price target on 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. JPMorgan Chase & Co. dropped their price objective on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research note on Friday, May 22nd. Finally, Citigroup cut their price target on shares of Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. One investment 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 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.