Pinewood Technologies Group (LON:PINE) Stock Price Down 32.6% – Time to Sell?

Pinewood Technologies Group PLC (LON:PINE)’s share price dropped 32.6% during trading on Tuesday . The company traded as low as GBX 288.90 and last traded at GBX 294. Approximately 4,325,244 shares changed hands during trading, an increase of 147% from the average daily volume of 1,751,656 shares. The stock had previously closed at GBX 436.50.

More Pinewood Technologies Group News

Here are the key news stories impacting Pinewood Technologies Group this week:

• Positive Sentiment: Multiple insider purchases today (including a senior executive and non‑executive directors), signalling management’s confidence and providing a potential floor under the stock. MarketBeat PINE insider transactions
• Positive Sentiment: Company officers and directors publicly disclosed additional share purchases (director and CFO filings), reinforcing insider conviction after the bid collapse. TipRanks – Director increases stake
• Neutral Sentiment: Pinewood’s board and management have issued statements saying the company remains confident in its strategy and outlook despite the aborted deal; this helps reassure investors but does not replace the lost takeover premium. Sharecast – Pinewood still confident
• Negative Sentiment: Apax Partners has withdrawn its ~£575m bid for Pinewood, citing a sharp re‑rating in the market driven by AI‑related valuation concerns; loss of the takeover premium is the primary driver of the share decline. FT – Pinewood plummets after AI sell-off scuppers £575mn deal
• Negative Sentiment: Wider AI sector volatility and investor fear about future earnings/valuation contributed to the bid collapse and heavy intraday selling; multiple outlets report the retreat and consequent sharp fall in the stock. Yahoo Finance – AI fears doom £575m takeover

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a “buy” rating in a research note on Thursday, November 6th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Pinewood Technologies Group has a consensus rating of “Buy” and an average price target of GBX 725.

Pinewood Technologies Group Price Performance

The stock has a market capitalization of £336.57 million, a price-to-earnings ratio of 4.71 and a beta of 0.56. The business has a fifty day moving average of GBX 380.19 and a 200 day moving average of GBX 416.63.

Insiders Place Their Bets

In related news, insider Oliver Mann bought 25,045 shares of the firm’s stock in a transaction on Monday, February 16th. The shares were bought at an average price of GBX 307 per share, with a total value of £76,888.15. Also, insider Dietmar Exler purchased 2,500 shares of the company’s stock in a transaction on Monday, February 16th. The shares were bought at an average price of GBX 295 per share, with a total value of £7,375. In the last 90 days, insiders acquired 58,357 shares of company stock worth $18,395,848. Company insiders own 47.43% of the company’s stock.

Pinewood Technologies Group Company Profile

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.