Insider Buying: Auto Trader Group (LON:AUTO) Insider Acquires 10,900 Shares of Stock

Auto Trader Group plc (LON:AUTO) insider Megan Quinn acquired 10,900 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average price of GBX 462 per share, for a total transaction of £50,358.

Auto Trader Group Trading Down 3.0%

Shares of AUTO stock opened at GBX 439.20 on Tuesday. The stock’s fifty day moving average is GBX 486.82 and its two-hundred day moving average is GBX 543. The company has a debt-to-equity ratio of 50.60, a quick ratio of 1.50 and a current ratio of 1.73. The firm has a market capitalization of £3.58 billion, a P/E ratio of 13.21, a PEG ratio of 3.99 and a beta of 0.69. Auto Trader Group plc has a fifty-two week low of GBX 431.40 and a fifty-two week high of GBX 920.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft cut their target price on Auto Trader Group from GBX 850 to GBX 816 and set a “buy” rating for the company in a research note on Friday, March 27th. JPMorgan Chase & Co. cut their target price on Auto Trader Group from GBX 515 to GBX 445 and set an “underweight” rating for the company in a research note on Friday. Citigroup cut their target price on Auto Trader Group from GBX 880 to GBX 526 and set a “neutral” rating for the company in a research note on Thursday, April 9th. UBS Group reaffirmed a “sell” rating and issued a GBX 470 target price on shares of Auto Trader Group in a research note on Monday, May 18th. Finally, Berenberg Bank cut their target price on Auto Trader Group from GBX 580 to GBX 510 and set a “hold” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of GBX 553.40.

Auto Trader Group Company Profile

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.