Nathan Coe Sells 70,158 Shares of Auto Trader Group (LON:AUTO) Stock

Key Points

• Auto Trader Group insider Nathan Coe sold 70,158 shares on July 17 at an average price of GBX 497, worth about £348,685. He had previously bought 11,000 shares in May at GBX 448 each.
• The stock opened at GBX 504, near its 50-day and 200-day moving averages, and the company currently has a market cap of about £3.97 billion.
• Analysts remain cautious on Auto Trader Group: the consensus rating is “Reduce” with an average target price of GBX 550.33, after several firms cut price targets and issued hold or sell ratings.

Auto Trader Group plc (LON:AUTO - Get Free Report) insider Nathan Coe sold 70,158 shares of the stock in a transaction dated Friday, July 17th. The stock was sold at an average price of GBX 497, for a total value of £348,685.26.

Nathan Coe also recently made the following trade(s):

• On Friday, May 22nd, Nathan Coe acquired 11,000 shares of Auto Trader Group stock. The stock was purchased at an average price of GBX 448 per share, with a total value of £49,280.

Auto Trader Group Price Performance

Shares of LON:AUTO opened at GBX 504 on Monday. The company has a 50 day moving average of GBX 480.73 and a 200 day moving average of GBX 497.79. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 50.60. 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. Auto Trader Group plc has a 12 month low of GBX 418.60 and a 12 month high of GBX 844.40.

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 (EPS) for the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. The business had revenue of £624.30 million for the quarter. As a group, sell-side analysts forecast that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.

Analysts Set New Price Targets

AUTO has been the subject of several research analyst reports. Berenberg Bank dropped their price objective on Auto Trader Group from GBX 580 to GBX 510 and set a "hold" rating for the company in a research note on Tuesday, May 26th. UBS Group restated a "sell" rating and issued a GBX 470 target price on shares of Auto Trader Group in a research note on Monday, May 18th. JPMorgan Chase & Co. lowered their price target on Auto Trader Group from GBX 515 to GBX 445 and set an "underweight" rating on the stock in a report on Friday, May 22nd. Royal Bank Of Canada dropped their price target on Auto Trader Group from GBX 830 to GBX 535 and set a "sector perform" rating for the company in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a "buy" rating for the company in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Reduce" and a consensus target price of GBX 550.33.

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.

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