Trustpilot Group (LON:TRST) Insider Mohammed Anjarwala Buys 220,000 Shares

Trustpilot Group plc (LON:TRST) insider Mohammed Anjarwala purchased 220,000 shares of Trustpilot Group stock in a transaction dated Tuesday, April 21st. The shares were purchased at an average cost of GBX 261 per share, for a total transaction of £574,200.

Mohammed Anjarwala also recently made the following trade(s):

• On Wednesday, April 22nd, Mohammed Anjarwala purchased 180,000 shares of Trustpilot Group stock. The shares were purchased at an average cost of GBX 258 per share, for a total transaction of £464,400.
• On Tuesday, March 24th, Mohammed Anjarwala sold 21,593,420 shares of Trustpilot Group stock. The stock was sold at an average price of GBX 214, for a total transaction of £46,209,918.80.

Trustpilot Group Trading Down 1.5%

Shares of LON TRST traded down GBX 3.80 during midday trading on Thursday, reaching GBX 251.20. 4,436,765 shares of the stock were exchanged, compared to its average volume of 19,388,268. The business has a 50-day simple moving average of GBX 187.30 and a two-hundred day simple moving average of GBX 186.50. The company has a market capitalization of £971.75 million, a price-to-earnings ratio of 139.56 and a beta of 0.35. Trustpilot Group plc has a 12 month low of GBX 125.40 and a 12 month high of GBX 289.40. The company has a debt-to-equity ratio of -269.41, a current ratio of 0.57 and a quick ratio of 1.71.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TRST. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Trustpilot Group from GBX 354 to GBX 375 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Royal Bank Of Canada increased their target price on Trustpilot Group from GBX 290 to GBX 305 and gave the stock an “outperform” rating in a report on Wednesday, April 1st. Finally, Berenberg Bank lifted their price target on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 319.

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.