Trustpilot Group (LON:TRST) Insider Peter Holten Mühlmann Sells 359,000 Shares

Trustpilot Group plc (LON:TRST) insider Peter Holten Mühlmann sold 359,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of GBX 239, for a total value of £858,010.

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

• On Tuesday, March 17th, Peter Holten Mühlmann sold 53,000 shares of Trustpilot Group stock. The shares were sold at an average price of GBX 217, for a total value of £115,010.

Trustpilot Group Trading Up 2.2%

LON:TRST opened at GBX 242.60 on Friday. The company’s 50 day moving average is GBX 173.97 and its 200-day moving average is GBX 185.92. The company has a quick ratio of 1.71, a current ratio of 0.57 and a debt-to-equity ratio of -269.41. Trustpilot Group plc has a 12 month low of GBX 125.40 and a 12 month high of GBX 289.40. The firm has a market cap of £948.89 million, a price-to-earnings ratio of -2.05 and a beta of 0.73.

Key Stories Impacting 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

Several equities research analysts have recently issued reports on TRST shares. Berenberg Bank raised their price target on Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a research report on Wednesday. Royal Bank Of Canada restated an “outperform” rating and set a GBX 290 target price on shares of Trustpilot Group in a research note on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a report on Wednesday. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 316.

About Trustpilot Group

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.