Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Buys 114 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys acquired 114 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was acquired at an average cost of GBX 131 per share, for a total transaction of £149.34.

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

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

Oxford Nanopore Technologies Stock Down 2.2%

Oxford Nanopore Technologies stock traded down GBX 2.80 during trading hours on Wednesday, reaching GBX 127.20. The stock had a trading volume of 1,172,217 shares, compared to its average volume of 9,880,152. Oxford Nanopore Technologies plc has a 52 week low of GBX 95.61 and a 52 week high of GBX 224.80. The business’s 50 day moving average price is GBX 118.88 and its 200-day moving average price is GBX 124.24. The company has a debt-to-equity ratio of 8.96, a current ratio of 3.56 and a quick ratio of 6.01. The company has a market cap of £1.24 billion, a price-to-earnings ratio of -8.42 and a beta of 0.92.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Berenberg Bank decreased their price target on shares of Oxford Nanopore Technologies from GBX 230 to GBX 220 and set a “buy” rating on the stock in a research note on Monday, July 13th. Peel Hunt reissued a “hold” rating and issued a GBX 153 target price on shares of Oxford Nanopore Technologies in a research note on Monday, July 13th. Citigroup cut Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 225 price target on shares of Oxford Nanopore Technologies in a report on Tuesday, May 26th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 205.75.

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.