Peter Holten Mühlmann Sells 53,000 Shares of Trustpilot Group (LON:TRST) Stock

Trustpilot Group plc (LON:TRST) insider Peter Holten Mühlmann sold 53,000 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of GBX 217, for a total value of £115,010.

Peter Holten Mühlmann also recently made the following trade(s):

• On Wednesday, March 18th, Peter Holten Mühlmann sold 359,000 shares of Trustpilot Group stock. The stock was sold at an average price of GBX 239, for a total value of £858,010.

Trustpilot Group Stock Down 3.4%

Shares of LON TRST opened at GBX 236.40 on Friday. Trustpilot Group plc has a 52 week low of GBX 125.40 and a 52 week high of GBX 289.40. The business has a 50-day simple moving average of GBX 174.97 and a two-hundred day simple moving average of GBX 186.15. The company has a quick ratio of 1.71, a current ratio of 0.57 and a debt-to-equity ratio of -269.41. The company has a market cap of £924.64 million, a P/E ratio of -1.99 and a beta of 0.73.

Trending Headlines about Trustpilot Group

Here are the key news stories impacting Trustpilot Group this week:

• Positive Sentiment: Berenberg raised its target to GBX 315 and kept a “buy” rating, strengthening institutional buy-side expectations for Trustpilot. Berenberg Bank Analyst Says TRST Expected to Rise
• Positive Sentiment: Deutsche Bank increased its target to GBX 375 and reiterated a “buy” stance, signaling bullish analyst conviction that could support the share price over the coming months. Deutsche Bank Forecasts Strong Price Appreciation for TRST
• Neutral Sentiment: Reporting services (TipRanks/MarketBeat) published updates disclosing the senior management share transactions, increasing transparency though not altering fundamentals on its own. Trustpilot Discloses Significant Share Deals
• Negative Sentiment: Founder Peter Holten Mühlmann sold large parcels recently (53,000 shares on Mar 17 at ~GBX 217 and an additional 359,000 on Mar 18 at ~GBX 239), a material disposal that can erode near‑term confidence and add selling pressure. Insider Peter Holten Mühlmann Sells Shares
• Negative Sentiment: CFO Hanno Damm sold ~200,000 shares on Mar 17 at ~GBX 210, another sizable insider sale that reinforces short-term negative sentiment despite positive analyst notes. MarketBeat Insider Trades for TRST

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research note on Wednesday. Berenberg Bank raised their price target on shares of Trustpilot Group from GBX 300 to GBX 315 and gave the company a “buy” rating in a report on Wednesday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 290 price target on shares of Trustpilot Group in a research report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 316.

Trustpilot Group Company Profile

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.