Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £150.72 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys bought 96 shares of the stock in a transaction dated Monday, September 14th. The shares were acquired at an average price of GBX 157 per share, for a total transaction of £150.72.

Francis Van Parys also recently made the following trade(s):

• On Wednesday, August 12th, Francis Van Parys purchased 114 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 131 per share, for a total transaction of £149.34.
• On Tuesday, July 14th, Francis Van Parys acquired 124 shares of Oxford Nanopore Technologies stock. The shares were bought at an average price of GBX 121 per share, with a total value of £150.04.

Oxford Nanopore Technologies Stock Performance

LON ONT opened at GBX 160.99 on Thursday. The company has a market capitalization of £1.57 billion, a PE ratio of -12.88 and a beta of 0.96. The company has a debt-to-equity ratio of 9.86, a quick ratio of 6.01 and a current ratio of 3.52. Oxford Nanopore Technologies plc has a 52-week low of GBX 95.61 and a 52-week high of GBX 191.40. The company has a 50-day simple moving average of GBX 136.63 and a 200 day simple moving average of GBX 126.20.

Oxford Nanopore Technologies (LON:ONT) last released its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 54.66% and a negative return on equity of 35.45%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ONT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 195 target price on shares of Oxford Nanopore Technologies in a research note on Thursday, August 20th. JPMorgan Chase & Co. lifted their target price on shares of Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Peel Hunt reissued a “hold” rating and set a GBX 153 price objective on shares of Oxford Nanopore Technologies in a report on Monday, July 13th. Citigroup lowered Oxford Nanopore Technologies to a “buy” rating in a research note on Monday, July 20th. Finally, Berenberg Bank reduced their target price on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Oxford Nanopore Technologies presently has a consensus rating of “Moderate Buy” and an average price target of GBX 198.60.

About Oxford Nanopore Technologies

Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.