Oatly Group (NASDAQ:OTLY) Trading Down 0.4% – Here’s Why

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) fell 0.4% during mid-day trading on Friday . The stock traded as low as $8.10 and last traded at $8.18. 66,708 shares were traded during trading, a decline of 47% from the average session volume of 125,750 shares. The stock had previously closed at $8.21.

Analysts Set New Price Targets

Several research firms have issued reports on OTLY. Barclays set a $14.00 price target on shares of Oatly Group and gave the stock an “overweight” rating in a research report on Tuesday, April 14th. Morgan Stanley set a $12.55 price objective on shares of Oatly Group in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a research report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.64.

Oatly Group Trading Down 0.4%

The firm has a market capitalization of $255.46 million, a P/E ratio of -1.64 and a beta of 1.85. The business’s 50-day moving average is $10.62 and its 200 day moving average is $11.03. The company has a debt-to-equity ratio of 43.43, a current ratio of 0.45 and a quick ratio of 0.32.

Oatly Group (NASDAQ:OTLY) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.38) EPS for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.52. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%. The business had revenue of $228.33 million for the quarter, compared to analyst estimates of $214.61 million. As a group, analysts anticipate that Oatly Group AB Sponsored ADR will post -2.77 EPS for the current fiscal year.

Insider Transactions at Oatly Group

In other Oatly Group news, insider Martin Fredrik Lind sold 2,968 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $8.96, for a total transaction of $26,593.28. Following the sale, the insider directly owned 18,088 shares in the company, valued at $162,068.48. This represents a 14.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Simon Kenneth James Broadbent sold 7,820 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total transaction of $69,989.00. Following the completion of the sale, the senior vice president owned 62,845 shares in the company, valued at approximately $562,462.75. The trade was a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 12,722 shares of company stock worth $113,872 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Oatly Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Performa Ltd US LLC lifted its stake in Oatly Group by 16.8% in the 4th quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after purchasing an additional 1,450 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Oatly Group by 9.5% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock worth $215,000 after acquiring an additional 1,568 shares during the last quarter. Van ECK Associates Corp grew its holdings in Oatly Group by 19.0% during the 3rd quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after acquiring an additional 1,756 shares during the last quarter. UBS Group AG grew its holdings in Oatly Group by 1.5% during the 3rd quarter. UBS Group AG now owns 646,591 shares of the company’s stock worth $10,475,000 after acquiring an additional 9,620 shares during the last quarter. Finally, R Squared Ltd grew its holdings in Oatly Group by 77.1% during the 1st quarter. R Squared Ltd now owns 25,609 shares of the company’s stock worth $260,000 after acquiring an additional 11,145 shares during the last quarter. Institutional investors own 68.15% of the company’s stock.

Oatly Group Company Profile

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.