Adrian Blair Buys 74,300 Shares of Trustpilot Group (LON:TRST) Stock

Key Points

• Adrian Blair, an insider at Trustpilot Group, bought a total of 74,300 shares of the company's stock for approximately £149,343, further demonstrating confidence in the company's performance.
• Trustpilot Group's stock recently traded up 1.8% to GBX 203.55, with a market capitalization of £828.50 million and a price-to-earnings ratio of -1.72.
• Analysts have set a consensus price target of GBX 340.75 for Trustpilot Group, with multiple "buy" ratings from firms like Berenberg Bank and UBS Group.

Trustpilot Group plc (LON:TRST - Get Free Report) insider Adrian Blair acquired 74,300 shares of the firm's stock in a transaction that occurred on Wednesday, October 22nd. The stock was purchased at an average price of GBX 201 per share, with a total value of £149,343.

Adrian Blair also recently made the following trade(s):

• On Tuesday, October 21st, Adrian Blair bought 49,623 shares of Trustpilot Group stock. The shares were acquired at an average price of GBX 200 per share, for a total transaction of £99,246.

Trustpilot Group Stock Up 1.8%

Shares of LON:TRST traded up GBX 3.65 during trading hours on Thursday, hitting GBX 203.55. The company's stock had a trading volume of 4,426,382 shares, compared to its average volume of 3,170,221. The firm's fifty day moving average price is GBX 213.56 and its 200 day moving average price is GBX 226.83. Trustpilot Group plc has a 52 week low of GBX 178.40 and a 52 week high of GBX 361.50. The company has a market capitalization of £828.50 million, a price-to-earnings ratio of -1.72 and a beta of 1.02. The company has a debt-to-equity ratio of 41.16, a current ratio of 1.31 and a quick ratio of 1.71.

Trustpilot Group announced that its Board of Directors has authorized a share repurchase plan on Tuesday, September 16th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

TRST has been the subject of several analyst reports. Berenberg Bank reissued a "buy" rating and set a GBX 420 price target on shares of Trustpilot Group in a research report on Tuesday, July 15th. UBS Group reaffirmed a "buy" rating and set a GBX 400 price target on shares of Trustpilot Group in a research report on Friday, September 5th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Trustpilot Group from GBX 331 to GBX 343 and gave the stock a "buy" rating in a research report on Tuesday, September 16th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Trustpilot Group presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 340.75.

Trustpilot Group Company Profile

Trustpilot began in 2007 with a simple yet powerful idea that is more relevant today than ever — to be the universal symbol of trust, bringing consumers and businesses together through reviews. Trustpilot is open, independent, and impartial — we help consumers make the right choices and businesses to build trust, grow and improve. Today, we have more than 300 million reviews and 67 million monthly active users across the globe, with 127 billion annual Trustpilot brand impressions, and the numbers keep growing.

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