Auto Trader Group plc (LON:AUTO – Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 862.49 ($11.20) and traded as high as GBX 881.60 ($11.45). Auto Trader Group shares last traded at GBX 881.60 ($11.45), with a volume of 1,120,447 shares.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group boosted their price target on Auto Trader Group from GBX 830 ($10.78) to GBX 935 ($12.14) and gave the company a “buy” rating in a research report on Tuesday, July 2nd.
Check Out Our Latest Research Report on AUTO
Auto Trader Group Price Performance
Insider Transactions at Auto Trader Group
In other Auto Trader Group news, insider Jamie Warner sold 54,487 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of GBX 824 ($10.70), for a total value of £448,972.88 ($582,930.25). Company insiders own 1.04% of the company’s stock.
Auto Trader Group Company Profile
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.
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