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

Pinewood Technologies Group PLC (LON:PINE) insider Dietmar Exler bought 1,500 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were bought at an average price of GBX 342 ($4.26) per share, with a total value of £5,130 ($6,382.98).

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

• On Friday, December 27th, Dietmar Exler acquired 1,500 shares of Pinewood Technologies Group stock. The shares were bought at an average cost of GBX 345 ($4.29) per share, with a total value of £5,175 ($6,438.97).
• On Monday, November 25th, Dietmar Exler acquired 1,500 shares of Pinewood Technologies Group stock. The shares were purchased at an average price of GBX 332 ($4.13) per share, with a total value of £4,980 ($6,196.34).
• On Thursday, October 31st, Dietmar Exler bought 1,500 shares of Pinewood Technologies Group stock. The stock was purchased at an average price of GBX 336 ($4.18) per share, for a total transaction of £5,040 ($6,271.00).

Pinewood Technologies Group Stock Up 2.1 %

Pinewood Technologies Group stock traded up GBX 7 ($0.09) during mid-day trading on Tuesday, reaching GBX 345 ($4.29). 13,320 shares of the company’s stock traded hands, compared to its average volume of 385,947. The stock has a 50 day moving average of GBX 343.28 and a two-hundred day moving average of GBX 339.39. Pinewood Technologies Group PLC has a 12-month low of GBX 280.50 ($3.49) and a 12-month high of GBX 814 ($10.13). The company has a market cap of £298.39 million, a price-to-earnings ratio of 556.45 and a beta of 0.56.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 455 ($5.66) price objective on shares of Pinewood Technologies Group in a research note 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.