Ocado Group (LON:OCDO) Insider Tim Steiner Purchases 76 Shares

Ocado Group plc (LON:OCDOGet Free Report) insider Tim Steiner acquired 76 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were bought at an average price of GBX 198 per share, with a total value of £150.48.

Tim Steiner also recently made the following trade(s):

  • On Friday, May 15th, Tim Steiner acquired 81 shares of Ocado Group stock. The shares were bought at an average price of GBX 185 per share, with a total value of £149.85.
  • On Wednesday, April 15th, Tim Steiner acquired 82 shares of Ocado Group stock. The shares were bought at an average price of GBX 183 per share, with a total value of £150.06.

Ocado Group Trading Down 0.3%

Shares of LON OCDO opened at GBX 191.83 on Tuesday. The company has a debt-to-equity ratio of 131.70, a current ratio of 2.00 and a quick ratio of 2.82. The stock has a market capitalization of £1.60 billion, a P/E ratio of 3.94 and a beta of 2.36. Ocado Group plc has a 1-year low of GBX 165.85 and a 1-year high of GBX 397.90. The business has a fifty day moving average price of GBX 198.88 and a 200 day moving average price of GBX 214.11.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on OCDO

Ocado Group Company Profile

(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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