Auto Trader Group (LON:AUTO) Insider Jamie Warner Sells 32,481 Shares of Stock

Key Points

• Insider sale: Auto Trader Group insider Jamie Warner sold 32,481 shares on July 17 at an average price of GBX 497, totaling about £161,430.57. He had previously bought 4,377 shares in May at GBX 457.
• Stock performance and valuation: The shares rose 1.4% and opened at GBX 504, near the stock’s 200-day moving average of GBX 497.79. Auto Trader Group has a market cap of £3.97 billion and a 52-week range of GBX 418.60 to GBX 844.40.
• Analyst sentiment remains cautious: Recent analyst actions included multiple target-price cuts, with consensus rating at Reduce and an average price target of GBX 550.33. Among covering analysts, there is one Buy, three Hold, and two Sell ratings.

Auto Trader Group plc (LON:AUTO - Get Free Report) insider Jamie Warner sold 32,481 shares of the company's stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £161,430.57.

Jamie Warner also recently made the following trade(s):

• On Thursday, May 21st, Jamie Warner purchased 4,377 shares of Auto Trader Group stock. The stock was purchased at an average price of GBX 457 per share, for a total transaction of £20,002.89.

Auto Trader Group Stock Up 1.4%

Shares of LON AUTO opened at GBX 504 on Monday. Auto Trader Group plc has a 52-week low of GBX 418.60 and a 52-week high of GBX 844.40. 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 cap of £3.97 billion, a P/E ratio of 14.79, a P/E/G ratio of 3.99 and a beta of 0.69. The firm has a 50 day moving average price of GBX 480.73 and a 200 day moving average price of GBX 497.79.

Auto Trader Group (LON:AUTO - Get Free Report) last posted its earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. The company had revenue of £624.30 million for the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. Analysts expect that Auto Trader Group plc will post 32.7973074 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Auto Trader Group from GBX 515 to GBX 445 and set an "underweight" rating on the stock in a research note on Friday, May 22nd. Royal Bank Of Canada reduced their target price on Auto Trader Group from GBX 830 to GBX 535 and set a "sector perform" rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft decreased their target price 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. UBS Group restated a "sell" rating and issued a GBX 470 price target on shares of Auto Trader Group in a report on Monday, May 18th. Finally, Citigroup dropped their price target 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, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Reduce" and a consensus price target of GBX 550.33.

About Auto Trader Group

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.

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