Trustpilot Group (LON:TRST) Insider Mohammed Anjarwala Sells 21,593,420 Shares of Stock

Trustpilot Group plc (LON:TRST) insider Mohammed Anjarwala sold 21,593,420 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of GBX 214, for a total transaction of £46,209,918.80.

Trustpilot Group Stock Down 17.1%

TRST stock opened at GBX 195.59 on Wednesday. The company has a market cap of £765.01 million, a price-to-earnings ratio of -1.65 and a beta of 0.73. The company has a current ratio of 0.57, a quick ratio of 1.71 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 50-day moving average of GBX 175.83 and a two-hundred day moving average of GBX 186.23.

Analyst Upgrades and Downgrades

TRST has been the subject of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 290 price target on shares of Trustpilot Group in a report on Wednesday, January 21st. Berenberg Bank boosted their price objective on Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a report on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 316.

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.