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Trustpilot Chair Acquires Significant Shareholding

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Trustpilot Chair Acquires Significant Shareholding

TipRanks Cyber Monday Sale

Trustpilot Group Plc ( (GB:TRST) ) just unveiled an update.

Trustpilot Group Plc announced a transaction involving Zillah Byng-Thorne, the Chair of the Board and Non-Executive Director, who purchased 108,116 ordinary shares at a price of GBP 1.38037 each, totaling GBP 149,240.08. This transaction, conducted on the London Stock Exchange, reflects a significant investment by a key executive, potentially signaling confidence in the company’s future performance and stability.

The most recent analyst rating on (GB:TRST) stock is a Hold with a £186.00 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 financial performance is a strong point, with significant revenue growth and improving profitability metrics. However, the technical analysis indicates bearish momentum, and the valuation suggests the stock is overvalued with a very high P/E ratio. These factors contribute to a moderate overall stock score.

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 and discover reviews of businesses. The company focuses on enhancing transparency and trust between consumers and companies across various markets.

Average Trading Volume: 2,469,095

Technical Sentiment Signal: Sell

Current Market Cap: £758.4M

Find detailed analytics on TRST stock on TipRanks’ Stock Analysis page.

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