Insider Selling: Oxford Nanopore Technologies (LON:ONT) Insider Sells 22,993 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Nick Keher sold 22,993 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of GBX 108, for a total transaction of £24,832.44.

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

• On Tuesday, April 14th, Nick Keher purchased 136 shares of Oxford Nanopore Technologies stock. The stock was bought at an average cost of GBX 110 per share, for a total transaction of £149.60.
• On Thursday, March 12th, Nick Keher 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.
• On Thursday, February 12th, Nick Keher purchased 105 shares of Oxford Nanopore Technologies stock. The shares were purchased at an average price of GBX 143 per share, with a total value of £150.15.

Oxford Nanopore Technologies Stock Performance

Shares of LON ONT traded up GBX 3.19 during midday trading on Wednesday, hitting GBX 116.09. The company’s stock had a trading volume of 1,875,387 shares, compared to its average volume of 9,910,396. The firm has a market capitalization of £1.12 billion, a price-to-earnings ratio of -7.69 and a beta of 0.88. The company has a current ratio of 3.56, a quick ratio of 6.01 and a debt-to-equity ratio of 8.96. The stock has a fifty day moving average price of GBX 123.94 and a 200 day moving average price of GBX 134.54. Oxford Nanopore Technologies plc has a one year low of GBX 104 and a one year high of GBX 224.80.

Oxford Nanopore Technologies (LON:ONT) last posted its earnings results on Monday, March 2nd. The company reported GBX (15.10) earnings per share for the quarter. Oxford Nanopore Technologies had a negative net margin of 64.85% and a negative return on equity of 29.43%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ONT. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 225 price objective on shares of Oxford Nanopore Technologies in a report on Wednesday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Oxford Nanopore Technologies from GBX 210 to GBX 225 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 250 price objective on shares of Oxford Nanopore Technologies in a report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Oxford Nanopore Technologies presently has an average rating of “Moderate Buy” and a consensus target price of GBX 218.60.

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.