Pinewood Technologies Group (LON:PINE) Insider Oliver Mann Acquires 25,045 Shares of Stock

Pinewood Technologies Group PLC (LON:PINEGet Free Report) insider Oliver Mann acquired 25,045 shares of the stock in a transaction on Monday, February 16th. The shares were acquired at an average price of GBX 307 per share, with a total value of £76,888.15.

Pinewood Technologies Group Stock Down 32.6%

PINE stock opened at GBX 294 on Tuesday. The stock’s 50 day moving average is GBX 380.19 and its two-hundred day moving average is GBX 416.63. Pinewood Technologies Group PLC has a 52-week low of GBX 284.50 and a 52-week high of GBX 575. The company has a market capitalization of £336.57 million, a PE ratio of 4.71 and a beta of 0.56.

Key Stories Impacting Pinewood Technologies Group

Here are the key news stories impacting Pinewood Technologies Group this week:

  • Positive Sentiment: Multiple insider purchases today (including a senior executive and non‑executive directors), signalling management’s confidence and providing a potential floor under the stock. MarketBeat PINE insider transactions
  • Positive Sentiment: Company officers and directors publicly disclosed additional share purchases (director and CFO filings), reinforcing insider conviction after the bid collapse. TipRanks – Director increases stake
  • Neutral Sentiment: Pinewood’s board and management have issued statements saying the company remains confident in its strategy and outlook despite the aborted deal; this helps reassure investors but does not replace the lost takeover premium. Sharecast – Pinewood still confident
  • Negative Sentiment: Apax Partners has withdrawn its ~£575m bid for Pinewood, citing a sharp re‑rating in the market driven by AI‑related valuation concerns; loss of the takeover premium is the primary driver of the share decline. FT – Pinewood plummets after AI sell-off scuppers £575mn deal
  • Negative Sentiment: Wider AI sector volatility and investor fear about future earnings/valuation contributed to the bid collapse and heavy intraday selling; multiple outlets report the retreat and consequent sharp fall in the stock. Yahoo Finance – AI fears doom £575m takeover

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their target price on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 725.

Check Out Our Latest Stock Report on PINE

About Pinewood Technologies Group

(Get Free Report)

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.

Further Reading

Insider Buying and Selling by Quarter for Pinewood Technologies Group (LON:PINE)

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