Mohammed Anjarwala Sells 21,593,420 Shares of Trustpilot Group (LON:TRST) Stock

Trustpilot Group plc (LON:TRST) insider Mohammed Anjarwala sold 21,593,420 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of GBX 214, for a total value of £46,209,918.80.

Trustpilot Group Trading Up 0.5%

Trustpilot Group stock opened at GBX 197.08 on Thursday. Trustpilot Group plc has a 52 week low of GBX 125.40 and a 52 week high of GBX 289.40. The company has a debt-to-equity ratio of -269.41, a quick ratio of 1.71 and a current ratio of 0.57. The firm has a market capitalization of £770.82 million, a price-to-earnings ratio of -1.66 and a beta of 0.73. The company has a 50 day moving average price of GBX 175.51 and a 200 day moving average price of GBX 186.31.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TRST. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 290 target price on shares of Trustpilot Group in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft upped their price target on Trustpilot Group from GBX 354 to GBX 375 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Finally, Berenberg Bank raised their price objective on Trustpilot Group from GBX 300 to GBX 315 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 316.

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.