Insider Buying: Oxford Instruments (LON:OXIG) Insider Buys 98 Shares of Stock

Key Points

• Insider Paul Fry acquired 98 shares of Oxford Instruments stock at an average cost of GBX 1,824 per share, totaling £1,787.52.
• On the following trading day, Oxford Instruments shares rose 1.4%, reaching GBX 1,852.
• Despite recent upgrades, the consensus target price for the stock is GBX 1,731.67, indicating potential upside based on current trading levels.

Oxford Instruments plc (LON:OXIG - Get Free Report) insider Paul Fry bought 98 shares of Oxford Instruments stock in a transaction on Wednesday, September 10th. The stock was acquired at an average cost of GBX 1,824 per share, with a total value of £1,787.52.

Oxford Instruments Stock Up 1.4%

Shares of Oxford Instruments stock traded up GBX 26 on Thursday, reaching GBX 1,852. The company's stock had a trading volume of 78,864 shares, compared to its average volume of 204,040. The company has a market capitalization of £1.06 billion, a price-to-earnings ratio of 4,180.59, a P/E/G ratio of -3.56 and a beta of 0.96. The firm's fifty day simple moving average is GBX 1,878.41 and its two-hundred day simple moving average is GBX 1,821.66. Oxford Instruments plc has a 52 week low of GBX 1,470 and a 52 week high of GBX 2,237.50. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 12.96.

Oxford Instruments (LON:OXIG - Get Free Report) last posted its earnings results on Friday, June 13th. The company reported GBX 112.40 EPS for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. Equities analysts anticipate that Oxford Instruments plc will post 117.7149452 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on OXIG shares. Berenberg Bank reduced their target price on Oxford Instruments from GBX 2,600 to GBX 2,500 and set a "buy" rating for the company in a report on Monday, July 14th. Shore Capital reduced their target price on Oxford Instruments from GBX 2,800 to GBX 2,600 and set a "buy" rating for the company in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of GBX 1,731.67.

Oxford Instruments Company Profile

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science. Innovation is the driving force behind Oxford Instruments' growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.

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