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Trustpilot Announces Major Share Sale by Non-Executive Director

Story Highlights
  • Trustpilot Group Plc is a key player in the online review industry, enhancing consumer-business trust.
  • Peter Mühlmann sold 600,000 shares of Trustpilot, potentially impacting market perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trustpilot Announces Major Share Sale by Non-Executive Director

Don’t Miss TipRanks’ Half-Year Sale

Trustpilot Group Plc ( (GB:TRST) ) has provided an announcement.

Trustpilot Group Plc announced a significant transaction involving the sale of shares by Peter Mühlmann, a Non-Executive Director, and Peter Mühlmann Holding ApS, a closely associated entity. A total of 600,000 shares were sold at GBP 2.30039 each, amounting to GBP 1,380,234, on the London Stock Exchange. This transaction is part of regulatory disclosures under the UK Market Abuse Regulation, reflecting internal changes in shareholding that could impact the company’s market perception and stakeholder interests.

The most recent analyst rating on (GB:TRST) stock is a Buy with a £215.00 price target. To see the full list of analyst forecasts on Trustpilot Group Plc stock, see the GB:TRST Stock Forecast page.

Spark’s Take on GB:TRST Stock

According to Spark, TipRanks’ AI Analyst, GB:TRST is a Neutral.

Trustpilot Group Plc’s overall score is driven by strong financial performance, with significant revenue growth and robust cash flow. However, high valuation metrics and weak technical indicators suggest caution. Strategic focus on improving profitability and market positioning could enhance future performance.

To see Spark’s full report on GB:TRST stock, click here.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online review industry, providing a platform for consumers to share feedback on businesses and services. The company focuses on enhancing transparency and trust between consumers and businesses through its review services.

Average Trading Volume: 2,044,502

Technical Sentiment Signal: Sell

Current Market Cap: £949.8M

For an in-depth examination of TRST stock, go to TipRanks’ Overview page.

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