Trustpilot Group (LON:TRST) Insider Hanno Damm Sells 200,000 Shares

Trustpilot Group plc (LON:TRST) insider Hanno Damm sold 200,000 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 210, for a total transaction of £420,000.

Trustpilot Group Stock Up 2.2%

LON:TRST opened at GBX 242.60 on Friday. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57. The firm has a market cap of £948.89 million, a P/E ratio of -2.05 and a beta of 0.73. Trustpilot Group plc has a fifty-two week low of GBX 125.40 and a fifty-two week high of GBX 289.40. The firm has a 50-day simple moving average of GBX 173.97 and a two-hundred day simple moving average of GBX 185.92.

Trending Headlines about Trustpilot Group

Here are the key news stories impacting Trustpilot Group this week:

• Positive Sentiment: Berenberg raised its price target to GBX 315 and kept a “buy” rating, signaling stronger buy-side sentiment from a major EU broker. Berenberg raise
• Positive Sentiment: Deutsche Bank raised its price target to GBX 375 and reiterated a “buy” rating, adding institutional support that can lift investor expectations. Deutsche Bank raise
• Neutral Sentiment: Reporting services published an update disclosing the series of senior share transactions, increasing transparency around recent insider activity. TipRanks disclosure
• Negative Sentiment: Founder Peter Holten Mühlmann sold 53,000 shares on Mar. 17 at an average GBX 217 (≈£115k), a material personal disposal that can be read negatively by some investors.
• Negative Sentiment: CFO Hanno Damm sold 200,000 shares on Mar. 17 at an average GBX 210 (≈£420k), another sizable insider sale that may raise short-term sentiment concerns.
• Negative Sentiment: Peter Holten Mühlmann sold an additional 359,000 shares on Mar. 18 at an average GBX 239 (≈£858k), increasing total insider disposals and potential downward pressure on sentiment.

Analyst Ratings Changes

TRST has been the subject of several analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft increased their target price on Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research note on Wednesday. Finally, Berenberg Bank lifted their target price on Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a report on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 316.

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.