Trustpilot shares drop 16% after investor offloads 21.6m shares

Insider Selling: Trustpilot Group (LON:TRST) Insider Sells 21,593,420 Shares of Stock

Trustpilot Group plc (LON:TRST - Get Free Report) insider Mohammed Anjarwala sold 21,593,420 shares of the firm's stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of GBX 214, for a total value of £46,209,918.80.

Trustpilot shares drop 16% after investor offloads 21.6m shares

Online review platform Trustpilot saw its share price fall by more than 16 per cent after Advent Global Opportunities offloaded 21.6m shares. Advent, a leading global private equity investor, placed the shares at 214p, raising around £46m. Trustpilot will not receive any proceeds from the placing. The placing represented around 5.6 per cent of Trustpilot’s existing issued ordinary share capital. Trustpilot shares rocket amid dramatic rise in AI …