Auto Trader Group (LON:AUTO) Insider Sells £348,685.26 in Stock

Auto Trader Group plc (LON:AUTO) insider Nathan Coe sold 70,158 shares of the stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 497, for a total value of £348,685.26.

Nathan Coe also recently made the following trade(s):

• On Friday, May 22nd, Nathan Coe bought 11,000 shares of Auto Trader Group stock. The stock was bought at an average price of GBX 448 per share, for a total transaction of £49,280.

Auto Trader Group Stock Performance

AUTO opened at GBX 493.50 on Thursday. The firm has a fifty day moving average price of GBX 480.48 and a 200 day moving average price of GBX 495.86. The company has a debt-to-equity ratio of 50.60, a current ratio of 1.73 and a quick ratio of 1.50. Auto Trader Group plc has a 1 year low of GBX 418.60 and a 1 year high of GBX 844.40. The stock has a market cap of £3.88 billion, a P/E ratio of 14.48, a P/E/G ratio of 3.99 and a beta of 0.69.

Auto Trader Group (LON:AUTO) last announced its quarterly earnings results on Thursday, May 21st. The company reported GBX 34.17 earnings per share for the quarter. Auto Trader Group had a return on equity of 60.53% and a net margin of 47.08%.The firm had revenue of £624.30 million during the quarter. Equities research analysts anticipate that Auto Trader Group plc will post 32.7973074 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AUTO shares. JPMorgan Chase & Co. reduced their price target on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating on the stock in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research report on Friday, March 27th. UBS Group reissued a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research report on Monday, May 18th. Citigroup lowered their price target on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, Berenberg Bank cut their price objective on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating on the stock in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of GBX 550.33.

About Auto Trader Group

Autotrader Group plc is the UK’s largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.

Autotrader’s purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.