Ocado Group (LON:OCDO) Insider Stephen Daintith Buys 87 Shares

Ocado Group plc (LON:OCDOGet Free Report) insider Stephen Daintith acquired 87 shares of the stock in a transaction dated Wednesday, July 15th. The shares were purchased at an average cost of GBX 172 per share, with a total value of £149.64.

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

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

Ocado Group Stock Down 18.3%

OCDO opened at GBX 145.20 on Thursday. The company has a quick ratio of 2.81, a current ratio of 2.00 and a debt-to-equity ratio of 131.70. The stock has a market capitalization of £1.21 billion, a price-to-earnings ratio of 2.98 and a beta of 2.39. The firm has a 50 day moving average price of GBX 191.51 and a 200-day moving average price of GBX 209.17. Ocado Group plc has a twelve month low of GBX 140.30 and a twelve month high of GBX 397.90.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 310 price target on shares of Ocado Group in a research note on Monday, June 1st. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 373.50.

Get Our Latest Stock Report on Ocado Group

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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