Trustpilot Group (LON:TRST) Stock Price Down 4.2% - Time to Sell?

Key Points

• Trustpilot shares fell 4.2% to GBX 262.95, with trading volume surging 522% above the average session volume.
• Analysts remain bullish: Deutsche Bank and Berenberg reiterated “Buy” ratings, while the consensus target price is GBX 351.25.
• Insiders have been buying shares, including more than 207,000 shares purchased over the past 90 days; insiders currently own 13.76% of the company.

Trustpilot Group plc (LON:TRST - Get Free Report) fell 4.2% on Friday. The stock traded as low as GBX 260.40 and last traded at GBX 262.95. Approximately 60,761,027 shares traded hands during trading, an increase of 522% from the average session volume of 9,767,300 shares. The stock had previously closed at GBX 274.40.

Analyst Ratings Changes

A number of brokerages recently weighed in on TRST. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 375 target price on shares of Trustpilot Group in a report on Wednesday, September 16th. Berenberg Bank reiterated a "buy" rating and issued a GBX 315 price target on shares of Trustpilot Group in a research note on Wednesday, September 16th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Trustpilot Group has a consensus rating of "Buy" and a consensus target price of GBX 351.25.

Trustpilot Group Stock Performance

The company has a debt-to-equity ratio of -45.48, a current ratio of 0.40 and a quick ratio of 1.71. The company has a market capitalization of £1.01 billion, a price-to-earnings ratio of -3.36 and a beta of 0.51. The firm's fifty day simple moving average is GBX 253.94 and its 200 day simple moving average is GBX 253.52.

Insider Buying and Selling

In related news, insider Adrian Blair bought 17,139 shares of the business's stock in a transaction that occurred on Friday, October 2nd. The stock was purchased at an average cost of GBX 232 per share, for a total transaction of £39,762.48. Also, insider Marcus Roy bought 45,436 shares of Trustpilot Group stock in a transaction that occurred on Thursday, September 17th. The stock was bought at an average price of GBX 219 per share, with a total value of £99,504.84. In the last ninety days, insiders purchased 207,556 shares of company stock worth $45,439,241. 13.76% of the stock is currently owned by insiders.

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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