Insider Selling: Trainline Plc (LON:TRN) Insider Sells 74,338 Shares of Stock

Trainline Plc (LON:TRN) insider Jody Ford sold 74,338 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of GBX 257 ($3.42), for a total transaction of £191,048.66 ($254,256.93).

Jody Ford also recently made the following trade(s):

• On Wednesday, May 7th, Jody Ford sold 446,488 shares of Trainline stock. The shares were sold at an average price of GBX 264 ($3.51), for a total transaction of £1,178,728.32 ($1,568,709.50).

Trainline Trading Up 2.0%

Shares of TRN opened at GBX 270.20 ($3.60) on Friday. Trainline Plc has a 1-year low of GBX 247.80 ($3.30) and a 1-year high of GBX 452.40 ($6.02). The company has a market capitalization of £1.17 billion, a P/E ratio of 37.04 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. The firm’s 50 day simple moving average is GBX 278.63 and its 200 day simple moving average is GBX 348.08.

Trainline (LON:TRN) last posted its quarterly earnings data on Wednesday, May 7th. The company reported GBX 19.20 ($0.26) earnings per share for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. Sell-side analysts forecast that Trainline Plc will post 16.8458781 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.52) price target on shares of Trainline in a research report on Wednesday, February 12th. Shore Capital restated a “buy” rating on shares of Trainline in a research report on Wednesday, May 7th. Canaccord Genuity Group cut their price objective on shares of Trainline from GBX 500 ($6.65) to GBX 485 ($6.45) and set a “buy” rating for the company in a report on Thursday, March 13th. Finally, JPMorgan Chase & Co. cut Trainline to a “neutral” rating and set a GBX 400 ($5.32) price target on the stock. in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Trainline presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($6.09).

Trainline Company Profile

Trainline’s ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.