Pinewood Technologies Group (LON:PINE) Stock Price Up 4.4% – Time to Buy?

Pinewood Technologies Group PLC (LON:PINE) shares rose 4.4% on Wednesday . The stock traded as high as GBX 227.04 and last traded at GBX 226.50. Approximately 541,133 shares traded hands during trading, a decline of 92% from the average daily volume of 6,732,236 shares. The stock had previously closed at GBX 217.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank dropped their price target on shares of Pinewood Technologies Group from GBX 725 to GBX 670 and set a “buy” rating for the company in a research report on Wednesday, March 25th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 670.

Pinewood Technologies Group Stock Performance

The firm has a market cap of £275.89 million, a PE ratio of 3.86 and a beta of 0.48. The company’s 50-day simple moving average is GBX 272.98 and its two-hundred day simple moving average is GBX 337.41.

Insider Buying and Selling at Pinewood Technologies Group

In related news, insider Brian Small bought 6,600 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was purchased at an average cost of GBX 296 per share, with a total value of £19,536. Also, insider Jemima Bird bought 16,891 shares of the company’s stock in a transaction dated Monday, February 16th. The stock was bought at an average cost of GBX 296 per share, with a total value of £49,997.36. In the last quarter, insiders bought 67,071 shares of company stock worth $20,350,501. 41.46% of the stock is owned by corporate insiders.

Pinewood Technologies Group Company Profile

1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.

1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.

As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.