Insider Buying: Dr. Martens (LON:DOCS) Insider Acquires £150.80 in Stock

Dr. Martens plc (LON:DOCSGet Free Report) insider Ije Nwokori bought 232 shares of the stock in a transaction dated Friday, September 11th. The stock was purchased at an average cost of GBX 65 per share, for a total transaction of £150.80.

Ije Nwokori also recently made the following trade(s):

  • On Tuesday, August 11th, Ije Nwokori bought 179 shares of Dr. Martens stock. The shares were purchased at an average price of GBX 84 per share, with a total value of £150.36.
  • On Thursday, June 25th, Ije Nwokori purchased 118,516 shares of Dr. Martens stock. The shares were purchased at an average cost of GBX 72 per share, with a total value of £85,331.52.

Dr. Martens Price Performance

LON:DOCS opened at GBX 67.50 on Friday. The company has a quick ratio of 1.13, a current ratio of 2.61 and a debt-to-equity ratio of 108.85. The firm has a market cap of £646.08 million, a PE ratio of 28.12, a price-to-earnings-growth ratio of 6.40 and a beta of 0.26. Dr. Martens plc has a 12 month low of GBX 59.15 and a 12 month high of GBX 100.87. The company’s 50-day moving average price is GBX 76.57 and its two-hundred day moving average price is GBX 70.45.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 100 price target on shares of Dr. Martens in a report on Tuesday, June 2nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 105.

Check Out Our Latest Analysis on DOCS

About Dr. Martens

(Get Free Report)

Dr. Martens is an iconic British footwear brand founded in Northamptonshire, England. Its first silhouette, the 1460 boot – named after the date it was produced – rolled off the production line on 1st April 1960. Originally chosen by workers for their air-cushioned comfort and durability, “Docs” or “DM’s” were later adopted by musicians and subcultural pioneers who took them from the street to the global stage.

Over six decades later, Dr. Martens operates in more than 60 countries and employs around 3,600 people.

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Insider Buying and Selling by Quarter for Dr. Martens (LON:DOCS)

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