Oxford Instruments (LON:OXIG) Insider Buys £1,203.84 in Stock

Key Points

• Insider Richard Tyson made multiple purchases of Oxford Instruments shares, including the latest transaction of 66 shares for a total of £1,203.84 at an average price of GBX 1,824 per share.
• Oxford Instruments stock rose by 1.4%, reaching GBX 1,852, with a recent average trading volume of 204,040 shares.
• Analysts maintain a consensus "Buy" rating for Oxford Instruments, though target prices have been lowered by Berenberg Bank and Shore Capital to GBX 2,500 and GBX 2,600 respectively.

Oxford Instruments plc (LON:OXIG - Get Free Report) insider Richard Tyson acquired 66 shares of the company's stock in a transaction on Wednesday, September 10th. The stock was acquired at an average price of GBX 1,824 per share, with a total value of £1,203.84.

Richard Tyson also recently made the following trade(s):

• On Monday, August 11th, Richard Tyson bought 9 shares of Oxford Instruments stock. The shares were acquired at an average cost of GBX 1,820 per share, for a total transaction of £163.80.
• On Thursday, July 24th, Richard Tyson bought 7,479 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 1,942 per share, with a total value of £145,242.18.
• On Thursday, July 10th, Richard Tyson purchased 7 shares of Oxford Instruments stock. The stock was bought at an average price of GBX 2,003 per share, for a total transaction of £140.21.
• On Tuesday, July 1st, Richard Tyson acquired 4,002 shares of Oxford Instruments stock. The shares were bought at an average cost of GBX 1,874 per share, for a total transaction of £74,997.48.
• On Wednesday, July 2nd, Richard Tyson acquired 3,902 shares of Oxford Instruments stock. The stock was bought at an average price of GBX 1,922 per share, with a total value of £74,996.44.

Oxford Instruments Trading Down 1.4%

Shares of OXIG traded down GBX 26 during trading hours on Tuesday, reaching GBX 1,804. 312,824 shares of the company traded hands, compared to its average volume of 203,331. The company's fifty day moving average price is GBX 1,867.70 and its two-hundred day moving average price is GBX 1,818.06. The company has a market capitalization of £1.03 billion, a price-to-earnings ratio of 4,072.23, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. 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 plc has a 12 month low of GBX 1,470 and a 12 month high of GBX 2,237.50.

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on OXIG. Shore Capital reduced their price target on Oxford Instruments from GBX 2,800 to GBX 2,600 and set a "buy" rating on the stock in a research note on Thursday, July 31st. Berenberg Bank decreased their price target on shares of Oxford Instruments from GBX 2,600 to GBX 2,500 and set a "buy" rating for the company in a research note on Monday, July 14th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Oxford Instruments presently has an average rating of "Buy" and an average target price of GBX 1,731.67.

About Oxford Instruments

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.