Luke Jensen Acquires 12,658 Shares of Ocado Group PLC (OCDO) Stock

Ocado Group PLC (LON:OCDO) insider Luke Jensen bought 12,658 shares of the firm’s stock in a transaction dated Monday, October 8th. The stock was purchased at an average price of GBX 790 ($10.32) per share, with a total value of £99,998.20 ($130,665.36).

Luke Jensen also recently made the following trade(s):

  • On Monday, September 17th, Luke Jensen acquired 16 shares of Ocado Group stock. The shares were bought at an average price of GBX 915 ($11.96) per share, for a total transaction of £146.40 ($191.30).
  • On Monday, July 16th, Luke Jensen bought 14 shares of Ocado Group stock. The shares were acquired at an average cost of GBX 1,030 ($13.46) per share, for a total transaction of £144.20 ($188.42).

LON:OCDO traded down GBX 13.40 ($0.18) during trading hours on Monday, reaching GBX 790 ($10.32). 1,969,633 shares of the stock were exchanged, compared to its average volume of 2,950,000. Ocado Group PLC has a twelve month low of GBX 233.10 ($3.05) and a twelve month high of GBX 603.20 ($7.88).

A number of research firms recently weighed in on OCDO. Goldman Sachs Group raised shares of Ocado Group to a “buy” rating in a report on Monday, June 11th. Bank of America cut shares of Ocado Group to an “underperform” rating and set a GBX 1,020 ($13.33) target price on the stock. in a research note on Monday, June 18th. HSBC restated a “hold” rating on shares of Ocado Group in a research report on Wednesday, June 20th. Peel Hunt reiterated a “buy” rating on shares of Ocado Group in a report on Monday, July 2nd. Finally, Liberum Capital reiterated a “buy” rating on shares of Ocado Group in a report on Monday, July 2nd. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 571.20 ($7.46).

Ocado Group Company Profile

Ocado Group plc operates as an online grocery retailer in the United Kingdom. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a specialty pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store. The company also engages in the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods.

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

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