Pinewood Technologies Group (LON:PINE) Stock Price Down 32.6% – What’s Next?

Pinewood Technologies Group PLC (LON:PINEGet Free Report) shares dropped 32.6% on Monday . The company traded as low as GBX 288.90 and last traded at GBX 294. Approximately 4,325,244 shares were traded during mid-day trading, an increase of 147% from the average daily volume of 1,751,656 shares. The stock had previously closed at GBX 436.50.

Pinewood Technologies Group News Roundup

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  • Negative Sentiment: Apax Partners has withdrawn its ~£575m bid for Pinewood, citing a sharp re‑rating in the market driven by AI‑related valuation concerns; loss of the takeover premium is the primary driver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

Analyst Ratings Changes

Separately, Berenberg Bank increased their price target on shares of Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 725.

Read Our Latest Research Report on Pinewood Technologies Group

Pinewood Technologies Group Price Performance

The company has a 50 day simple moving average of GBX 380.19 and a 200-day simple moving average of GBX 416.63. The firm has a market cap of £336.57 million, a PE ratio of 4.71 and a beta of 0.56.

Insider Buying and Selling at Pinewood Technologies Group

In other Pinewood Technologies Group news, insider Jemima Bird bought 16,891 shares of Pinewood Technologies Group stock in a transaction that occurred on Monday, February 16th. The shares were bought at an average price of GBX 296 per share, with a total value of £49,997.36. Also, insider Dietmar Exler bought 2,500 shares of the firm’s stock in a transaction that occurred on Monday, February 16th. The stock was acquired at an average price of GBX 295 per share, for a total transaction of £7,375. Insiders purchased a total of 58,357 shares of company stock worth $18,395,848 in the last quarter. 47.43% of the stock is currently owned by company insiders.

Pinewood Technologies Group Company Profile

(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.

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