Oliver Mann Acquires 31,498 Shares of Pinewood Technologies Group PLC (LON:PINE) Stock

Pinewood Technologies Group PLC (LON:PINE) insider Oliver Mann bought 31,498 shares of the stock in a transaction dated Thursday, November 21st. The shares were acquired at an average price of GBX 325 ($4.09) per share, with a total value of £102,368.50 ($128,911.35).

Pinewood Technologies Group Trading Up 3.5 %

Shares of PINE opened at GBX 334.67 ($4.21) on Monday. The company has a market cap of £289.45 million, a price-to-earnings ratio of 548.39 and a beta of 0.56. The business’s fifty day simple moving average is GBX 330.33 and its two-hundred day simple moving average is GBX 342.85. Pinewood Technologies Group PLC has a 12 month low of GBX 280.50 ($3.53) and a 12 month high of GBX 814 ($10.25).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 455 ($5.73) price target 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.