Insider Buying: Pinewood Technologies Group PLC (LON:PINE) Insider Purchases £5,175 in Stock

Pinewood Technologies Group PLC (LON:PINE) insider Dietmar Exler bought 1,500 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were purchased at an average price of GBX 345 ($4.32) per share, for a total transaction of £5,175 ($6,475.23).

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

• On Monday, November 25th, Dietmar Exler acquired 1,500 shares of Pinewood Technologies Group stock. The stock was purchased at an average cost of GBX 332 ($4.15) per share, with a total value of £4,980 ($6,231.23).
• On Thursday, October 31st, Dietmar Exler bought 1,500 shares of Pinewood Technologies Group stock. The shares were purchased at an average price of GBX 336 ($4.20) per share, for a total transaction of £5,040 ($6,306.31).

Pinewood Technologies Group Trading Up 3.5 %

Shares of PINE opened at GBX 359 ($4.49) on Thursday. The business’s 50 day moving average is GBX 338.52 and its 200 day moving average is GBX 341.27. Pinewood Technologies Group PLC has a 12-month low of GBX 280.50 ($3.51) and a 12-month high of GBX 814 ($10.19). The company has a market capitalization of £310.50 million, a PE ratio of 579.03 and a beta of 0.56.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 455 ($5.69) price target 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.