Ocado Group PLC (LON:OCDO) Insider Mark Richardson Sells 46,932 Shares

Ocado Group PLC (LON:OCDO) insider Mark Richardson sold 46,932 shares of Ocado Group stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of GBX 1,287 ($16.82), for a total value of £604,014.84 ($789,252.37).

Mark Richardson also recently made the following trade(s):

  • On Friday, March 15th, Mark Richardson bought 14 shares of Ocado Group stock. The stock was purchased at an average price of GBX 1,102 ($14.40) per share, with a total value of £154.28 ($201.59).

OCDO stock traded up GBX 11 ($0.14) during trading on Monday, reaching GBX 1,407 ($18.38). 1,300,952 shares of the company’s stock were exchanged, compared to its average volume of 2,950,000. The company has a debt-to-equity ratio of 64.79, a quick ratio of 1.53 and a current ratio of 1.75. Ocado Group PLC has a 1-year low of GBX 492.80 ($6.44) and a 1-year high of GBX 1,439.50 ($18.81). The firm has a market capitalization of $9.77 billion and a PE ratio of -203.91.

Several research analysts have recently commented on the company. Jefferies Financial Group reiterated a “hold” rating on shares of Ocado Group in a research report on Tuesday, April 9th. Peel Hunt reiterated a “buy” rating on shares of Ocado Group in a research report on Tuesday, April 9th. HSBC lowered Ocado Group to a “reduce” rating and lifted their target price for the stock from GBX 750 ($9.80) to GBX 900 ($11.76) in a research report on Thursday. Citigroup reiterated a “buy” rating on shares of Ocado Group in a research report on Wednesday, March 27th. Finally, BNP Paribas reiterated an “underperform” rating and issued a GBX 700 ($9.15) target price on shares of Ocado Group in a research report on Wednesday, March 6th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 1,013.33 ($13.24).

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About Ocado Group

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through two segments, Retail and Solutions. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store.

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Insider Buying and Selling by Quarter for Ocado Group (LON:OCDO)

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