How to buy, sell and short Trainline shares

Trainline is an online train ticket vendor and journey planner. Discover how to buy, sell and short Trainline shares, and learn how to analyse the Trainline share price.

How to buy or invest in Trainline shares

Investing in Trainline shares means that you’ll own them outright. Buying Trainline (TRNT) shares means that you’re speculating on the Trainline share price increasing with spread bets and CFDs.

Investing in the shares gives you ownership of them. You’ll become a shareholder in Trainline, meaning you’ll be eligible to receive dividends if the company pays them and you could be granted voting rights in company decisions.

Buying shares by speculating on their price with spread bets and CFDs means you’ll be opening positions on leverage. You won’t need to pay the full value of the shares upfront. Instead, you’ll open a position with margin – giving you full market exposure for an initial deposit.

To buy or invest in Trainline shares, follow the steps below:

Investing in Trainline shares

  1. Create or log in to your share dealing account and go to our trading platform
  2. Search for ‘Trainline’
  3. Select ‘buy’ in the deal ticket to open your investment position
  4. Choose the number of shares you want to buy
  5. Confirm your purchase and monitor your investment

Trading Trainline shares

  1. Create or log in to your trading account and go to our trading platform
  2. Decide whether you want to trade spread bets or CFDs
  3. Search for ‘Trainline’
  4. Choose your position size
  5. Select buy and monitor your trade


How much would it cost to invest in Trainline?

Since Trainline is a UK company, you’ll be eligible to receive our best commission on UK shares when you invest directly in Trainline shares with our share dealing service. Our best commission is available to clients who opened three or more positions on their share dealing account in the previous calendar month.

UK best commision UK standard commision
IG £3 £8
AJ Bell £4.95 £9.95
Hargreaves Lansdown £5.95 £11.95

If share dealing doesn’t sound like it’s for you, you might prefer to speculate on the Trainline share price with spread bets and CFDs. You’ll be able to:

  • Get full exposure with a 20%-25% deposit on almost all of our tier-one shares1
  • Trade spread bets without paying any tax2
  • Offset your losses against profits for tax purposes with CFDs2

​Open an account now to get started

How to sell and short Trainline shares

Selling Trainline shares means that you’ll be exiting your investment position. You’d do this to realise your profits or cut your losses – depending on how the share price has moved.

For example, if the Trainline share price increased above the price at which you bought the shares, you’d make a profit. But, if the price fell below the price at which you bought the shares and you decided to sell your investment position, you’d incur a loss.

Shorting Trainline shares is different to selling. It’s made possible through financial derivatives like spread bets and CFDs. You’d short Trainline with these products if you felt that – based on your analysis – the price was going to fall. In doing so, you’d make a profit on a falling market, providing the Trainline share price decreased as you’d predicted.

To either sell or short Trainline shares, follow the steps below:

Selling Trainline shares

  1. Create or log in to your share dealing account and go to our trading platform
  2. Search for ‘Trainline’
  3. Select ‘sell’ in the deal ticket to close your investment position
  4. Enter the number of shares you want to sell
  5. Confirm the sale

Shorting Trainline shares

  1. Create or log in to your trading account and go to our trading platform
  2. Search for ‘Trainline’
  3. Choose your position size
  4. Choose ‘sell’ in the deal ticket to go short and speculate on the price falling
  5. Confirm and monitor your short position

Trainline shares: the basics

Trainline shares are listed on the London Stock Exchange (LSE) under the TRN ticker. The company is a constituent of the FTSE 250. Trainline completed its initial public offering (IPO) in June 2019 – which put a £1.68 billion valuation on the company after its first day of trading.

You can see a screengrab from our trading platform of the Trainline share performance from 22 June 2019 to 22 May 2020 below.

Trainline: a brief history

Trainline began life as thetrainline.com in 1997. This was the company’s name until 2015, when private equity firm KKR bought the company and rebranded it as Trainline. KKR kept a stake in Trainline until November 2019, when it cashed out its holdings – a total stake of 68 million shares – for upwards of £279 million in profit.

The sale came five months after Trainline’s IPO in June 2019, which was what enabled KKR to cash out at a tidy profit. Since then, Trainline’s revenues, profits and share price have all been hit by the coronavirus pandemic in the early and middle stages of 2020.

National lockdowns in the UK and Europe – where Trainline runs the majority of its operations – meant that customers were less inclined and less able to take journeys via rail. That said, at the time of writing (26 May 2020), the share price was recovering as lockdowns began to be lifted and governments attempted to achieve a partial return to normality.

Trainline key personnel

There are nine people on the senior leadership team at Trainline:

Clare Gilmartin Chief executive officer (CEO)
Shaun McCabe Chief finance officer (CFO)
Mark Holt Chief technology officer
Victoria Biggs VP brand and communications
Bill Hopkins Executive director operations and TOC solutions
Neil Murrin General counsel and director regulatory affairs
Robin Hancock Chief people officer
Pete Wade VP growth
Alidad Moghaddam General manager international

Trainline business model

As a ticket purchasing and journey planning company, Trainline is paid commission by rail and coach operators for ticket sales. It also generates revenue through booking fees, travel insurance, advertising and through white label products developed for rail companies.

The company is looking to expand its operations in the coming years, particularly in Europe. It is also looking to expand the number of rail carriers and journey providers that it works with.

Trainline share price analysis: how to analyse the Trainline share price

You can use both technical and fundamental analysis to analyse the Trainline share price.

Technical analysis can help you to attempt to determine a future price movements of Trainline shares based on chart patterns and price action. Popular technical indicators include moving averages, the parabolic SAR, the Williams %R and the stochastic oscillator.

Fundamental analysis will look at factors like news reports, government announcements or company leadership changes. These could be good or bad news for the Trainline share price, depending on the circumstances. For example, when governments announced national lockdowns the share price fell, but when lockdowns were slowly lifted the share price increased.

Footnotes

1Deposits on leveraged trades are 20%-25% for 99.14% of tier-one shares (correct as of 1 June 2020). For more information, view our share trading margin rates.

2Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Explore the markets with our free course

Discover the range of markets you can spread bet on - and learn how they work - with IG Academy's online course.

Turn knowledge into success

Practice makes perfect. Take what you’ve learned in this shares strategy article, and try it out risk-free in your demo account.

Ready to trade shares?

Put the lessons in this article to use in a live account. Upgrading is quick and simple.

  • Trade over 16,000 popular global stocks
  • Protect your capital with risk management tools
  • Deal on 70 key US stocks out-of-hours, so you can react to news

Inspired to trade?

Put the knowledge you’ve gained from this article into practice. Log in to your account now.

What is the number one mistake traders make?

We reveal the top potential pitfall and how to avoid it. Discover how to increase your chances of trading success, with data gleaned from over 100,00 IG accounts.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.