Trustpilot Group (LON:TRST) Insider Mohammed Anjarwala Purchases 220,000 Shares of Stock

Trustpilot Group plc (LON:TRST) insider Mohammed Anjarwala bought 220,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 21st. The stock was 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 bought 180,000 shares of Trustpilot Group stock. The stock was 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 shares were sold at an average price of GBX 214, for a total value of £46,209,918.80.

Trustpilot Group Stock Down 1.5%

Shares of Trustpilot Group stock opened at GBX 251.20 on Friday. The business’s 50 day simple moving average is GBX 189.65 and its 200 day simple moving average is GBX 186.95. Trustpilot Group plc has a 52-week low of GBX 125.40 and a 52-week high of GBX 289.40. The firm has a market cap of £971.75 million, a PE ratio of 139.56 and a beta of 0.35. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TRST shares. Deutsche Bank Aktiengesellschaft lifted their target price on Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Berenberg Bank upped their target price on Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Finally, Royal Bank Of Canada upped 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. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Trustpilot Group presently has a consensus rating of “Moderate Buy” and an average 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.