Pinewood Technologies Group (LON:PINE) Insider William Berman Acquires 16,035 Shares

Pinewood Technologies Group PLC (LON:PINE) insider William Berman bought 16,035 shares of the stock in a transaction on Thursday, February 19th. The stock was purchased at an average price of GBX 310 per share, for a total transaction of £49,708.50.

William Berman also recently made the following trade(s):

• On Monday, December 1st, William Berman purchased 13,921 shares of Pinewood Technologies Group stock. The shares were purchased at an average cost of GBX 357 per share, with a total value of £49,697.97.

Pinewood Technologies Group Price Performance

PINE opened at GBX 313 on Friday. The company has a market capitalization of £358.32 million, a PE ratio of 5.02 and a beta of 0.56. Pinewood Technologies Group PLC has a fifty-two week low of GBX 284.50 and a fifty-two week high of GBX 575. The business has a 50-day moving average of GBX 375.73 and a 200-day moving average of GBX 412.54.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their target price on shares of 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 investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Pinewood Technologies Group currently has an average rating of “Buy” and a consensus target price of GBX 725.

About Pinewood Technologies Group

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.