Insider Buying: Oxford Nanopore Technologies (LON:ONT) Insider Acquires 96 Shares of Stock

Oxford Nanopore Technologies plc (LON:ONT) insider Francis Van Parys purchased 96 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was acquired at an average price of GBX 157 per share, with a total value of £150.72.

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

• On Wednesday, August 12th, Francis Van Parys acquired 114 shares of Oxford Nanopore Technologies stock. The shares were acquired at an average cost of GBX 131 per share, for a total transaction of £149.34.
• On Tuesday, July 14th, Francis Van Parys acquired 124 shares of Oxford Nanopore Technologies stock. The stock was acquired at an average price of GBX 121 per share, for a total transaction of £150.04.

Oxford Nanopore Technologies Stock Down 0.0%

ONT traded down GBX 0.05 during midday trading on Monday, reaching GBX 155.98. The company’s stock had a trading volume of 1,072,999 shares, compared to its average volume of 10,261,299. Oxford Nanopore Technologies plc has a 1 year low of GBX 95.61 and a 1 year high of GBX 191.40. The stock’s 50-day moving average is GBX 134.37 and its 200-day moving average is GBX 125.65. The firm has a market capitalization of £1.52 billion, a price-to-earnings ratio of -12.48 and a beta of 0.96. The company has a current ratio of 3.52, a quick ratio of 6.01 and a debt-to-equity ratio of 9.86.

Oxford Nanopore Technologies (LON:ONT) last released its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 54.66% and a negative return on equity of 35.45%.

Analysts Set New Price Targets

ONT has been the topic of several analyst reports. Berenberg Bank dropped their target price on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating on the stock in a report on Wednesday, August 19th. JPMorgan Chase & Co. raised their price target on Oxford Nanopore Technologies from GBX 190 to GBX 220 and gave the company an “overweight” rating in a report on Thursday, August 27th. Peel Hunt reiterated a “hold” rating and issued a GBX 153 price target on shares of Oxford Nanopore Technologies in a research note on Monday, July 13th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 225 price objective on shares of Oxford Nanopore Technologies in a research report on Tuesday, May 26th. Finally, Citigroup cut shares of Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Oxford Nanopore Technologies has an average rating of “Moderate Buy” and an average price target of GBX 198.60.

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.