Oatly Group (NASDAQ:OTLY) Stock Price Up 9% – Here’s What Happened

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) shot up 9% during mid-day trading on Monday . The company traded as high as $15.50 and last traded at $15.8020. Approximately 64,075 shares traded hands during trading, a decline of 35% from the average daily volume of 97,895 shares. The stock had previously closed at $14.50.

Wall Street Analyst Weigh In

Several brokerages have recently commented on OTLY. Barclays reaffirmed an “overweight” rating and set a $12.00 price target (down from $14.00) on shares of Oatly Group in a research report on Tuesday, July 21st. Weiss Ratings restated a “sell (e+)” rating on shares of Oatly Group in a research report on Wednesday, June 24th. Finally, Morgan Stanley set a $12.55 target price on shares of Oatly Group in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Oatly Group currently has an average rating of “Hold” and a consensus price target of $14.14.

Oatly Group Stock Down 2.9%

The company has a market cap of $492.69 million, a price-to-earnings ratio of -3.74 and a beta of 1.81. The business’s 50 day simple moving average is $11.69 and its 200-day simple moving average is $11.06. The company has a debt-to-equity ratio of 43.43, a quick ratio of 0.30 and a current ratio of 0.43.

Oatly Group (NASDAQ:OTLY) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported ($0.99) earnings per share for the quarter, meeting the consensus estimate of ($0.99). Oatly Group had a negative net margin of 13.81% and a negative return on equity of 2,479.86%. The firm had revenue of $240.09 million for the quarter, compared to analyst estimates of $219.47 million. Sell-side analysts expect that Oatly Group AB Sponsored ADR will post -2.71 earnings per share for the current year.

Insider Transactions at Oatly Group

In other news, insider Martin Fredrik Lind sold 2,968 shares of Oatly Group stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $8.96, for a total value of $26,593.28. Following the transaction, the insider directly owned 18,088 shares in the company, valued at approximately $162,068.48. The trade was a 14.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Simon Kenneth James Broadbent sold 7,820 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total transaction of $69,989.00. Following the transaction, the senior vice president owned 62,845 shares of the company’s stock, valued at approximately $562,462.75. The trade was a 11.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 12,722 shares of company stock worth $113,872 over the last quarter. 1.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Oatly Group

Several institutional investors have recently bought and sold shares of OTLY. Performa Ltd US LLC boosted its position in Oatly Group by 16.8% in the fourth quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after buying an additional 1,450 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Oatly Group in the first quarter worth about $133,000. Geode Capital Management LLC bought a new stake in shares of Oatly Group during the second quarter worth approximately $151,000. R Squared Ltd bought a new stake in shares of Oatly Group during the 4th quarter valued at $155,000. Finally, Van ECK Associates Corp lifted its stake in Oatly Group by 19.0% in the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock valued at $178,000 after buying an additional 1,756 shares during the period. Institutional investors and hedge funds own 68.15% of the company’s stock.

Oatly Group Company Profile

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.