Insider Buying: Ocado Group (LON:OCDO) Insider Purchases £149.64 in Stock

by · The Markets Daily

Ocado Group plc (LON:OCDO – Get Free Report) insider Stephen Daintith purchased 87 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were bought at an average price of GBX 172 per share, for a total transaction of £149.64.

Stephen Daintith also recently made the following trade(s):

  • On Friday, June 12th, Stephen Daintith bought 76 shares of Ocado Group stock. The shares were purchased at an average price of GBX 198 per share, with a total value of £150.48.
  • On Friday, May 15th, Stephen Daintith bought 81 shares of Ocado Group stock. The shares were acquired at an average cost of GBX 185 per share, for a total transaction of £149.85.

Ocado Group Stock Performance

Shares of OCDO stock opened at GBX 145.20 on Thursday. The stock’s 50-day moving average is GBX 191.51 and its two-hundred day moving average is GBX 209.17. Ocado Group plc has a 1 year low of GBX 140.30 and a 1 year high of GBX 397.90. The firm has a market cap of £1.21 billion, a price-to-earnings ratio of 2.98 and a beta of 2.39. The company has a debt-to-equity ratio of 131.70, a quick ratio of 2.81 and a current ratio of 2.00.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 310 price target on shares of Ocado Group in a research report on Monday, June 1st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 373.50.

View Our Latest Stock Analysis on OCDO

About Ocado Group

(Get Free Report)

Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world’s largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado’s physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business.

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