Pinewood Technologies Group (LON:PINE) Stock Price Down 32.6% – Time to Sell?

Pinewood Technologies Group PLC (LON:PINEGet Free Report) fell 32.6% during mid-day trading on Monday . The stock traded as low as GBX 288.90 and last traded at GBX 294. 4,325,244 shares changed hands during trading, an increase of 147% from the average session volume of 1,751,656 shares. The stock had previously closed at GBX 436.50.

Key Stories Impacting Pinewood Technologies Group

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

  • Positive Sentiment: Multiple insider purchases today (including a senior executive and non‑executive directors), signalling management’s confidence and providing a potential floor under the stock. MarketBeat PINE insider transactions
  • Positive Sentiment: Company officers and directors publicly disclosed additional share purchases (director and CFO filings), reinforcing insider conviction after the bid collapse. TipRanks – Director increases stake
  • Neutral Sentiment: Pinewood’s board and management have issued statements saying the company remains confident in its strategy and outlook despite the aborted deal; this helps reassure investors but does not replace the lost takeover premium. Sharecast – Pinewood still confident
  • Negative Sentiment: Apax Partners has withdrawn its ~£575m bid for Pinewood, citing a sharp re‑rating in the market driven by AI‑related valuation concerns; loss of the takeover premium is the primary driver of the share decline. FT – Pinewood plummets after AI sell-off scuppers £575mn deal
  • Negative Sentiment: Wider AI sector volatility and investor fear about future earnings/valuation contributed to the bid collapse and heavy intraday selling; multiple outlets report the retreat and consequent sharp fall in the stock. Yahoo Finance – AI fears doom £575m takeover

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on PINE

Pinewood Technologies Group Stock Performance

The company’s fifty day moving average is GBX 380.19 and its two-hundred day moving average is GBX 416.63. The firm has a market cap of £336.57 million, a price-to-earnings ratio of 4.71 and a beta of 0.56.

Insiders Place Their Bets

In related news, insider Dietmar Exler bought 2,500 shares of the firm’s stock in a transaction dated Monday, February 16th. The stock was bought at an average price of GBX 295 per share, with a total value of £7,375. Also, insider Oliver Mann bought 25,045 shares of the stock in a transaction dated Monday, February 16th. The stock was bought at an average price of GBX 307 per share, with a total value of £76,888.15. Insiders have purchased a total of 41,466 shares of company stock worth $13,396,112 over the last quarter. 47.43% of the stock is owned by corporate insiders.

About Pinewood Technologies Group

(Get Free Report)

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.

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