Insider Buying: Oxford Instruments plc (LON:OXIG) Insider Acquires £149.40 in Stock

Oxford Instruments plc (LON:OXIGGet Free Report) insider Gavin Hill acquired 6 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was acquired at an average price of GBX 2,490 ($31.71) per share, with a total value of £149.40 ($190.25).

Gavin Hill also recently made the following trade(s):

  • On Friday, May 10th, Gavin Hill acquired 6 shares of Oxford Instruments stock. The stock was acquired at an average price of GBX 2,421 ($30.83) per share, with a total value of £145.26 ($184.97).
  • On Wednesday, April 10th, Gavin Hill acquired 7 shares of Oxford Instruments stock. The stock was acquired at an average price of GBX 2,118 ($26.97) per share, with a total value of £148.26 ($188.79).

Oxford Instruments Stock Down 2.1 %

Shares of OXIG opened at GBX 2,605 ($33.17) on Friday. The company has a 50-day simple moving average of GBX 2,319.22 and a 200-day simple moving average of GBX 2,225.18. The firm has a market capitalization of £1.51 billion, a P/E ratio of 2,457.55, a P/E/G ratio of -3.56 and a beta of 0.95. The company has a debt-to-equity ratio of 16.33, a quick ratio of 1.11 and a current ratio of 1.67. Oxford Instruments plc has a 52 week low of GBX 1,634 ($20.81) and a 52 week high of GBX 2,850 ($36.29).

Oxford Instruments Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, August 20th. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 15.90 ($0.20) per share. The ex-dividend date is Thursday, July 11th. This represents a dividend yield of 0.65%. This is a positive change from Oxford Instruments’s previous dividend of $4.90. Oxford Instruments’s dividend payout ratio is currently 1,886.79%.

Analyst Ratings Changes

A number of brokerages recently issued reports on OXIG. Shore Capital reiterated a “buy” rating on shares of Oxford Instruments in a report on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Oxford Instruments from GBX 2,400 ($30.56) to GBX 2,750 ($35.02) and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 2,240 ($28.52) target price on shares of Oxford Instruments in a research report on Wednesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 2,073.75 ($26.41).

Get Our Latest Analysis on OXIG

About Oxford Instruments

(Get Free Report)

Oxford Instruments plc designs and supplies technology products and services in Europe, North America, Asia, and internationally. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and raman microscopy; deposition and etch tools; low temperature systems; optical imaging; nuclear magnetic resonance, modular optical spectroscopy; and x-ray.

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Insider Buying and Selling by Quarter for Oxford Instruments (LON:OXIG)

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