Trustpilot Group plc (LON:TRST – Get Free Report)’s share price fell 4.2% during trading on Tuesday . The company traded as low as GBX 248.20 and last traded at GBX 248.20. 1,176,684 shares changed hands during trading, a decline of 92% from the average session volume of 15,025,679 shares. The stock had previously closed at GBX 259.20.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on TRST shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 375 price objective on shares of Trustpilot Group in a report on Thursday, May 7th. Berenberg Bank boosted their price target on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Royal Bank Of Canada upped their price objective on Trustpilot Group from GBX 290 to GBX 305 and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. Finally, UBS Group reiterated a “buy” rating and issued a GBX 410 price objective on shares of Trustpilot Group in a research note on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Trustpilot Group presently has an average rating of “Moderate Buy” and an average price target of GBX 321.
Check Out Our Latest Report on TRST
Trustpilot Group Trading Up 2.8%
Insider Transactions at Trustpilot Group
In related news, insider Peter Holten Mühlmann sold 359,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of GBX 239, for a total value of £858,010. Also, insider Mohammed Anjarwala purchased 180,000 shares of the company’s stock in a transaction on Wednesday, April 22nd. The stock was bought at an average price of GBX 258 per share, for a total transaction of £464,400. In the last 90 days, insiders have sold 22,205,420 shares of company stock valued at $4,760,293,880. Corporate insiders own 18.55% of the company’s stock.
About Trustpilot Group
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.
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