Insider Selling: Oatly Group (NASDAQ:OTLY) Insider Sells $26,593.28 in Stock

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) insider Martin Fredrik Lind sold 2,968 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $8.96, for a total transaction of $26,593.28. Following the completion of the transaction, the insider directly owned 18,088 shares of the company’s stock, valued at approximately $162,068.48. The trade was a 14.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oatly Group Price Performance

OTLY stock opened at $8.19 on Friday. Oatly Group AB Sponsored ADR has a 1 year low of $8.09 and a 1 year high of $18.84. The company has a market cap of $255.77 million, a P/E ratio of -1.64 and a beta of 1.85. The firm has a 50-day moving average of $10.79 and a 200 day moving average of $11.16. 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) earnings per share (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 company had revenue of $228.33 million during the quarter, compared to the consensus estimate of $214.61 million. On average, sell-side analysts forecast that Oatly Group AB Sponsored ADR will post -2.77 EPS for the current year.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Oatly Group

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS Group AG increased its position in shares of Oatly Group by 1.5% during the third quarter. UBS Group AG now owns 646,591 shares of the company’s stock valued at $10,475,000 after acquiring an additional 9,620 shares in the last quarter. Credit Agricole S A bought a new stake in shares of Oatly Group during the third quarter valued at approximately $2,098,000. Renaissance Technologies LLC bought a new stake in shares of Oatly Group during the fourth quarter valued at approximately $315,000. Goldman Sachs Group Inc. increased its position in shares of Oatly Group by 80.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after acquiring an additional 12,249 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in shares of Oatly Group during the fourth quarter valued at approximately $252,000. Institutional investors own 68.15% of the company’s stock.

About Oatly Group

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.