Motorpoint ( ($GB:MOTR) ) has issued an update.
Motorpoint Group PLC announced that its CEO, Mark Carpenter, sold 50,000 shares in the company, though he remains a significant shareholder with 9.85% ownership. The transaction, conducted on the London Stock Exchange, reflects routine director dealings and is not expected to impact the company’s market position.
More about Motorpoint
Motorpoint Group PLC is the UK’s largest independent omnichannel used vehicle retailer, known for its e-commerce and in-store services. The company offers a seamless car buying, selling, and financing experience for both retail and trade customers through its Motorpoint.co.uk platform and a network of 21 sales and collection branches. Additionally, Motorpoint runs Auction4Cars.com, an online wholesale platform selling vehicles into the B2B market.
YTD Price Performance: -6.37%
Average Trading Volume: 60,243
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £106.3M
Learn more about MOTR stock on TipRanks’ Stock Analysis page.
