Trustpilot Group plc (LON:TRST) Insider Sells £805,000 in Stock

Trustpilot Group plc (LON:TRST - Get Free Report) insider Peter Holten Mühlmann sold 350,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of GBX 230 ($3.16), for a total transaction of £805,000 ($1,104,707.01).

Peter Holten Mühlmann also recently made the following trade(s):

• On Monday, June 23rd, Peter Holten Mühlmann sold 250,000 shares of Trustpilot Group stock. The stock was sold at an average price of GBX 230 ($3.16), for a total transaction of £575,000 ($789,076.44).
• On Tuesday, April 15th, Peter Holten Mühlmann sold 1,881 shares of Trustpilot Group stock. The stock was sold at an average price of GBX 209 ($2.87), for a total transaction of £3,931.29 ($5,394.94).

Trustpilot Group Price Performance

Shares of LON TRST traded up GBX 1.33 ($0.02) during midday trading on Thursday, reaching GBX 232.53 ($3.19). The stock had a trading volume of 783,039 shares, compared to its average volume of 3,423,332. The stock has a 50-day moving average of GBX 231.15 and a 200-day moving average of GBX 267.74. The company has a debt-to-equity ratio of 41.16, a quick ratio of 1.71 and a current ratio of 1.31. The company has a market capitalization of £1.22 billion, a price-to-earnings ratio of 77.08 and a beta of 1.02. Trustpilot Group plc has a 12-month low of GBX 178.40 ($2.45) and a 12-month high of GBX 361.50 ($4.96).

Wall Street Analysts Forecast Growth

TRST has been the subject of a number of analyst reports. Berenberg Bank reissued a "buy" rating and issued a GBX 420 ($5.76) price objective on shares of Trustpilot Group in a research note on Friday, May 23rd. Panmure Gordon initiated coverage on shares of Trustpilot Group in a research note on Monday, June 9th. They issued a "sell" rating and a GBX 200 ($2.74) price objective for the company.

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.