Insider Buying: ASOS (LON:ASC) Insider Acquires 132,455 Shares of Stock

ASOS Plc (LON:ASC) insider William Barker bought 132,455 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were purchased at an average cost of GBX 381 per share, with a total value of £504,653.55.

William Barker also recently made the following trade(s):

• On Thursday, January 15th, William Barker purchased 1,967 shares of ASOS stock. The stock was acquired at an average price of GBX 296 per share, for a total transaction of £5,822.32.
• On Friday, January 16th, William Barker bought 17,198 shares of ASOS stock. The stock was bought at an average price of GBX 300 per share, for a total transaction of £51,594.
• On Tuesday, December 30th, William Barker purchased 4,344 shares of ASOS stock. The stock was bought at an average cost of GBX 276 per share, for a total transaction of £11,989.44.
• On Wednesday, December 31st, William Barker bought 62,040 shares of ASOS stock. The stock was purchased at an average cost of GBX 275 per share, for a total transaction of £170,610.
• On Friday, January 2nd, William Barker acquired 5,527 shares of ASOS stock. The shares were purchased at an average price of GBX 278 per share, for a total transaction of £15,365.06.

ASOS Price Performance

Shares of ASC opened at GBX 308 on Friday. The company has a market capitalization of £367.88 million, a price-to-earnings ratio of -1.23, a P/E/G ratio of -1.26 and a beta of 2.86. ASOS Plc has a fifty-two week low of GBX 215 and a fifty-two week high of GBX 445.40. The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39. The business’s 50-day moving average is GBX 268.77 and its 200-day moving average is GBX 279.68.

ASOS (LON:ASC) last released its quarterly earnings data on Friday, November 21st. The company reported GBX (250.10) EPS for the quarter. ASOS had a negative return on equity of 59.37% and a negative net margin of 11.66%. Equities research analysts expect that ASOS Plc will post 12.4165252 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on ASC shares. Deutsche Bank Aktiengesellschaft reduced their price objective on ASOS from GBX 440 to GBX 375 and set a “buy” rating for the company in a research report on Friday, November 21st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 600 target price on shares of ASOS in a research report on Thursday, November 13th. JPMorgan Chase & Co. decreased their price target on shares of ASOS from GBX 270 to GBX 240 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Peel Hunt restated an “add” rating and issued a GBX 335 price objective on shares of ASOS in a research note on Thursday, November 13th. Finally, Panmure Gordon reaffirmed a “hold” rating and set a GBX 350 price objective on shares of ASOS in a report on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 383.33.

ASOS Company Profile

ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.