Dietmar Exler Purchases 1,150 Shares of Pinewood Technologies Group (LON:PINE) Stock

Key Points

• Dietmar Exler, an insider at Pinewood Technologies Group, purchased 1,150 shares at £5,117.50 on September 25, indicating confidence in the company amid recent trading activity.
• The stock price of Pinewood Technologies Group is currently down by 3.4%, with shares trading at GBX 434.50, significantly below its average price.
• Berenberg Bank raised its price target on the stock from GBX 590 to GBX 700 and maintained a "buy" rating, signaling positive analyst sentiment in the market.

Pinewood Technologies Group PLC (LON:PINE - Get Free Report) insider Dietmar Exler bought 1,150 shares of the company's stock in a transaction dated Thursday, September 25th. The stock was purchased at an average cost of GBX 445 per share, for a total transaction of £5,117.50.

Dietmar Exler also recently made the following trade(s):

• On Tuesday, August 26th, Dietmar Exler bought 1,000 shares of Pinewood Technologies Group stock. The stock was purchased at an average cost of GBX 524 per share, for a total transaction of £5,240.
• On Friday, July 25th, Dietmar Exler bought 1,050 shares of Pinewood Technologies Group stock. The stock was purchased at an average cost of GBX 512 per share, for a total transaction of £5,376.

Pinewood Technologies Group Stock Down 3.4%

Shares of Pinewood Technologies Group stock traded down GBX 15.50 during trading on Thursday, hitting GBX 434.50. The stock had a trading volume of 521,408 shares, compared to its average volume of 261,146. The stock has a 50 day simple moving average of GBX 515 and a 200 day simple moving average of GBX 428. The company has a market capitalization of £497.41 million, a PE ratio of 696.31 and a beta of 0.56. Pinewood Technologies Group PLC has a 1 year low of GBX 284.50 and a 1 year high of GBX 575.

Pinewood Technologies Group (LON:PINE - Get Free Report) last released its earnings results on Wednesday, September 24th. The company reported GBX (0.70) earnings per share for the quarter. Pinewood Technologies Group had a return on equity of 11.83% and a net margin of 167.76%. As a group, equities analysts expect that Pinewood Technologies Group PLC will post 9.8256735 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their price objective on shares of Pinewood Technologies Group from GBX 590 to GBX 700 and gave the company a "buy" rating in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of GBX 700.

About Pinewood Technologies Group

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.

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