Insider Buying: Pinewood Technologies Group PLC (LON:PINE) Insider Acquires 1,500 Shares of Stock

Pinewood Technologies Group PLC (LON:PINE) insider Dietmar Exler purchased 1,500 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were purchased at an average price of GBX 332 ($4.17) per share, for a total transaction of £4,980 ($6,254.71).

Dietmar Exler also recently made the following trade(s):

• On Thursday, October 31st, Dietmar Exler acquired 1,500 shares of Pinewood Technologies Group stock. The shares were bought at an average cost of GBX 336 ($4.22) per share, for a total transaction of £5,040 ($6,330.07).

Pinewood Technologies Group Stock Performance

PINE stock traded up GBX 5 ($0.06) during trading on Tuesday, reaching GBX 339.50 ($4.26). 239,285 shares of the company traded hands, compared to its average volume of 353,286. Pinewood Technologies Group PLC has a 12 month low of GBX 280.50 ($3.52) and a 12 month high of GBX 814 ($10.22). The business has a 50 day simple moving average of GBX 330.24 and a 200 day simple moving average of GBX 342.97. The company has a market capitalization of £293.63 million, a price-to-earnings ratio of 540.32 and a beta of 0.56.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 455 ($5.71) price objective on shares of Pinewood Technologies Group in a research report on Friday, October 25th.

About Pinewood Technologies Group

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.