Tim Steiner Purchases 82 Shares of Ocado Group (LON:OCDO) Stock

Key Points

• Insider buying: Ocado co-founder Tim Steiner bought 82 shares on April 15 at GBX 183 (£150.06) and also purchased 75 shares at GBX 200 on March 16 and 66 shares at GBX 228 on Feb 16, totaling 223 shares for about £450.54.
• Stock context: OCDO traded at GBX 197 mid-day with a market cap of £1.64bn and a P/E of 4.05, trading below its 50‑day (GBX 203.73) and 200‑day (GBX 219.64) moving averages and inside a 12‑month range of GBX 165.85–397.90.

Ocado Group plc (LON:OCDO - Get Free Report) insider Tim Steiner bought 82 shares of the stock in a transaction dated Wednesday, April 15th. The stock was bought at an average cost of GBX 183 per share, for a total transaction of £150.06.

Tim Steiner also recently made the following trade(s):

• On Monday, March 16th, Tim Steiner bought 75 shares of Ocado Group stock. The shares were bought at an average cost of GBX 200 per share, with a total value of £150.
• On Monday, February 16th, Tim Steiner purchased 66 shares of Ocado Group stock. The stock was bought at an average price of GBX 228 per share, for a total transaction of £150.48.

Ocado Group Price Performance

OCDO stock traded up GBX 5.55 during mid-day trading on Thursday, hitting GBX 197. The company had a trading volume of 7,729,546 shares, compared to its average volume of 11,496,859. The company has a market capitalization of £1.64 billion, a price-to-earnings ratio of 4.05 and a beta of 2.34. Ocado Group plc has a 12-month low of GBX 165.85 and a 12-month high of GBX 397.90. The company has a quick ratio of 2.82, a current ratio of 2.00 and a debt-to-equity ratio of 131.70. The company has a 50-day moving average price of GBX 203.73 and a 200 day moving average price of GBX 219.64.

Ocado Group (LON:OCDO - Get Free Report) last posted its earnings results on Friday, March 6th. The company reported GBX (44.60) earnings per share for the quarter. Ocado Group had a net margin of 29.33% and a return on equity of 24.47%.

Ocado Group Company Profile

Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world's largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado's physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business.

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