Insider Buying: Tesco PLC (LON:TSCO) Insider Buys £137.20 in Stock

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 35 shares of Tesco stock in a transaction dated Friday, June 6th. The shares were bought at an average cost of GBX 392 ($5.34) per share, for a total transaction of £137.20 ($186.79).

Ken Murphy also recently made the following trade(s):

• On Friday, April 11th, Ken Murphy purchased 40,000 shares of Tesco stock. The shares were bought at an average cost of GBX 326 ($4.44) per share, for a total transaction of £130,400 ($177,535.74).
• On Friday, March 14th, Ken Murphy purchased 37 shares of Tesco stock. The shares were bought at an average cost of GBX 371 ($5.05) per share, for a total transaction of £137.27 ($186.89).

Tesco Price Performance

TSCO opened at GBX 391.83 ($5.33) on Friday. The firm has a market cap of £26.15 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. Tesco PLC has a fifty-two week low of GBX 300.76 ($4.09) and a fifty-two week high of GBX 398.30 ($5.42). The company’s 50-day moving average price is GBX 367.53 and its 200 day moving average price is GBX 364.28. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35.

Tesco (LON:TSCO) last released its quarterly earnings data on Thursday, April 10th. The retailer reported GBX 27.71 ($0.38) earnings per share for the quarter. Tesco had a net margin of 1.92% and a return on equity of 11.33%. As a group, sell-side analysts expect that Tesco PLC will post 27.374848 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research report on Thursday, April 10th.

About Tesco

Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children’s groups, food banks and other good causes.

In challenging times, our purpose has guided every part of the Group.