Oxford Instruments plc (LON:OXIG) Insider Richard Tyson Purchases 9 Shares

Key Points

• Richard Tyson, an insider at Oxford Instruments, recently acquired 9 shares at an average price of GBX 1,820 ($24.57), adding to earlier purchases totaling over 19,000 shares in July.
• Oxford Instruments' stock has a market cap of £1.07 billion and is currently trading at GBX 1,851.14, with a 12-month range between GBX 1,470 and GBX 2,345.
• Research analysts from Shore Capital and Berenberg Bank recently lowered their price targets for Oxford Instruments to GBX 2,600 and GBX 2,500, respectively, both maintaining a "buy" rating.

Oxford Instruments plc (LON:OXIG - Get Free Report) insider Richard Tyson acquired 9 shares of the firm's stock in a transaction dated Monday, August 11th. The shares were purchased at an average price of GBX 1,820 ($24.67) per share, with a total value of £163.80 ($222.01).

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

• On Thursday, July 24th, Richard Tyson purchased 7,479 shares of Oxford Instruments stock. The stock was bought at an average price of GBX 1,942 ($26.32) per share, with a total value of £145,242.18 ($196,858.47).
• On Thursday, July 10th, Richard Tyson acquired 7 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 2,003 ($27.15) per share, with a total value of £140.21 ($190.04).
• On Tuesday, July 1st, Richard Tyson purchased 4,002 shares of Oxford Instruments stock. The shares were purchased at an average price of GBX 1,874 ($25.40) per share, for a total transaction of £74,997.48 ($101,650.15).
• On Wednesday, July 2nd, Richard Tyson acquired 3,902 shares of Oxford Instruments stock. The stock was bought at an average cost of GBX 1,922 ($26.05) per share, for a total transaction of £74,996.44 ($101,648.74).
• On Tuesday, June 10th, Richard Tyson purchased 8 shares of Oxford Instruments stock. The stock was acquired at an average cost of GBX 1,892 ($25.64) per share, for a total transaction of £151.36 ($205.15).

Oxford Instruments Stock Performance

Shares of LON OXIG traded down GBX 20 ($0.27) during mid-day trading on Friday, hitting GBX 1,812 ($24.56). 59,754 shares of the company were exchanged, compared to its average volume of 202,745. The stock has a 50 day simple moving average of GBX 1,885.15 and a 200-day simple moving average of GBX 1,846.82. The firm has a market cap of £1.05 billion, a price-to-earnings ratio of 20.58, 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 1-year low of GBX 1,470 ($19.92) and a 1-year high of GBX 2,345 ($31.78).

Oxford Instruments (LON:OXIG - Get Free Report) last posted its quarterly earnings results on Friday, June 13th. The company reported GBX 112.40 ($1.52) EPS for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. On average, sell-side analysts forecast that Oxford Instruments plc will post 117.7149452 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on OXIG. Berenberg Bank cut their target price on shares of Oxford Instruments from GBX 2,600 ($35.24) to GBX 2,500 ($33.88) and set a "buy" rating for the company in a research report on Monday, July 14th. Shore Capital reduced their price objective on shares of Oxford Instruments from GBX 2,800 ($37.95) to GBX 2,600 ($35.24) and set a "buy" rating for the company in a research note on Thursday, July 31st.

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.