Oxford Immunotec Global PLC (OXFD) Given Average Recommendation of “Hold” by Brokerages
Shares of Oxford Immunotec Global PLC (NASDAQ:OXFD) have received an average recommendation of “Hold” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $19.75.
OXFD has been the subject of several research analyst reports. Cowen and Company reaffirmed a “buy” rating and set a $22.00 price target on shares of Oxford Immunotec Global PLC in a research note on Thursday, August 3rd. BTIG Research initiated coverage on Oxford Immunotec Global PLC in a research note on Thursday, September 28th. They set a “buy” rating and a $21.00 price target for the company. Zacks Investment Research raised Oxford Immunotec Global PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. ValuEngine lowered Oxford Immunotec Global PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Finally, Robert W. Baird reissued a “buy” rating and issued a $20.00 target price on shares of Oxford Immunotec Global PLC in a research note on Wednesday, November 1st.
Shares of Oxford Immunotec Global PLC (OXFD) opened at $12.94 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.72 and a quick ratio of 4.30. Oxford Immunotec Global PLC has a 52 week low of $12.19 and a 52 week high of $19.51.
In related news, CEO Peter Wrighton-Smith sold 55,000 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $16.78, for a total transaction of $922,900.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Richard A. Sandberg sold 3,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $13.35, for a total value of $40,050.00. Following the transaction, the director now owns 17,778 shares in the company, valued at approximately $237,336.30. The disclosure for this sale can be found here. In the last three months, insiders sold 70,739 shares of company stock valued at $1,167,597. 8.11% of the stock is currently owned by corporate insiders.
A number of large investors have recently made changes to their positions in OXFD. Renaissance Technologies LLC increased its holdings in Oxford Immunotec Global PLC by 97.8% during the 1st quarter. Renaissance Technologies LLC now owns 363,300 shares of the company’s stock valued at $5,628,000 after purchasing an additional 179,600 shares during the period. Columbus Circle Investors purchased a new position in shares of Oxford Immunotec Global PLC during the 3rd quarter worth approximately $2,640,000. Redmile Group LLC grew its holdings in shares of Oxford Immunotec Global PLC by 7.5% during the 2nd quarter. Redmile Group LLC now owns 2,155,949 shares of the company’s stock worth $36,263,000 after acquiring an additional 151,100 shares during the period. Wasatch Advisors Inc. grew its holdings in shares of Oxford Immunotec Global PLC by 35.5% during the 3rd quarter. Wasatch Advisors Inc. now owns 574,174 shares of the company’s stock worth $9,646,000 after acquiring an additional 150,343 shares during the period. Finally, EAM Investors LLC purchased a new position in shares of Oxford Immunotec Global PLC during the 3rd quarter worth approximately $2,023,000. Institutional investors own 78.77% of the company’s stock.
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Oxford Immunotec Global PLC Company Profile
Oxford Immunotec Global PLC is a diagnostics company. The Company is focused on developing and commercializing tests for under-served immune-regulated conditions. The Company’s product lines and development activities principally focus on four areas: infectious diseases, transplantation, autoimmune and inflammatory disease and immune-oncology.
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