Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys £148.35 in Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher purchased 69 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The shares were acquired at an average cost of GBX 215 per share, with a total value of £148.35.

Nick Keher also recently made the following trade(s):

• On Monday, September 14th, Nick Keher acquired 96 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average price of GBX 157 per share, with a total value of £150.72.
• On Friday, September 4th, Nick Keher acquired 15,325 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average cost of GBX 162 per share, for a total transaction of £24,826.50.
• On Wednesday, August 12th, Nick Keher acquired 115 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average cost of GBX 131 per share, for a total transaction of £150.65.

Oxford Nanopore Technologies Stock Performance

ONT stock opened at GBX 202.74 on Friday. Oxford Nanopore Technologies plc has a twelve month low of GBX 95.61 and a twelve month high of GBX 238.80. The firm has a market cap of £1.98 billion, a price-to-earnings ratio of -16.22 and a beta of 0.87. The business’s fifty day simple moving average is GBX 174.71 and its two-hundred day simple moving average is GBX 138.54. The company has a quick ratio of 6.01, a current ratio of 3.52 and a debt-to-equity ratio of 9.86.

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

Analyst Upgrades and Downgrades

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

Oxford Nanopore Technologies Company Profile

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.