tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trustpilot Directors Acquire Shares, Signaling Confidence in Company’s Future

Story Highlights
  • Trustpilot operates in the online review industry, enhancing consumer-business transparency.
  • Trustpilot directors purchased shares, indicating confidence in the company’s prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trustpilot Directors Acquire Shares, Signaling Confidence in Company’s Future

TipRanks Cyber Monday Sale

An announcement from Trustpilot Group Plc ( (GB:TRST) ) is now available.

Trustpilot Group Plc has announced transactions involving the purchase of ordinary shares by two of its Non-Executive Directors, Angela Seymour-Jackson and Joe Hurd. Angela Seymour-Jackson purchased 10,232 shares at GBP 1.417 each, while Joe Hurd acquired 718 shares at GBP 1.401497 each, both transactions taking place on the London Stock Exchange. These transactions reflect a vote of confidence in the company’s future prospects by its board members.

The most recent analyst rating on (GB:TRST) stock is a Buy with a £275.00 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 feedback on businesses and services. The company focuses on enhancing transparency and trust between consumers and businesses across various sectors.

Average Trading Volume: 3,099,160

Technical Sentiment Signal: Sell

Current Market Cap: £517.1M

Learn more about TRST stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1