Insider Buying: Auto Trader Group (LON:AUTO) Insider Buys 5,521 Shares of Stock

Auto Trader Group plc (LON:AUTO) insider Geeta Gopalan acquired 5,521 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of GBX 453 per share, for a total transaction of £25,010.13.

Auto Trader Group Stock Performance

Shares of LON AUTO opened at GBX 439.20 on Tuesday. The company has a debt-to-equity ratio of 50.60, a quick ratio of 1.50 and a current ratio of 1.73. The firm has a market cap of £3.58 billion, a price-to-earnings ratio of 13.21, a P/E/G ratio of 3.99 and a beta of 0.69. The business’s 50-day simple moving average is GBX 486.82 and its 200-day simple moving average is GBX 543. Auto Trader Group plc has a 52 week low of GBX 431.40 and a 52 week high of GBX 920.

Auto Trader Group (LON:AUTO) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. The business had revenue of £624.30 million for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%. As a group, equities research analysts expect that Auto Trader Group plc will post 32.7973074 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AUTO shares. Deutsche Bank Aktiengesellschaft lowered their price objective on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating on the stock in a report on Friday, March 27th. JPMorgan Chase & Co. decreased their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research note on Friday. Citigroup decreased their target price on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research note on Thursday, April 9th. UBS Group restated a “sell” rating and set a GBX 470 target price on shares of Auto Trader Group in a research note on Monday, May 18th. Finally, Berenberg Bank decreased their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of GBX 553.40.

About Auto Trader Group

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.