Oxford Instruments plc (LON:OXIG) Insider Buys £163.80 in Stock

Oxford Instruments plc (LON:OXIG) insider Richard Tyson purchased 9 shares of the business’s stock in a transaction on Monday, August 11th. The stock was acquired at an average price of GBX 1,820 ($24.62) per share, with a total value of £163.80 ($221.62).

Richard Tyson also recently made the following trade(s):

• On Thursday, July 24th, Richard Tyson acquired 7,479 shares of Oxford Instruments stock. The stock was acquired at an average price of GBX 1,942 ($26.28) per share, for a total transaction of £145,242.18 ($196,512.22).
• On Thursday, July 10th, Richard Tyson bought 7 shares of Oxford Instruments stock. The shares were acquired at an average price of GBX 2,003 ($27.10) per share, with a total value of £140.21 ($189.70).
• On Tuesday, July 1st, Richard Tyson bought 4,002 shares of Oxford Instruments stock. The shares were acquired at an average cost of GBX 1,874 ($25.36) per share, for a total transaction of £74,997.48 ($101,471.36).
• On Wednesday, July 2nd, Richard Tyson purchased 3,902 shares of Oxford Instruments stock. The stock was acquired at an average price of GBX 1,922 ($26.00) per share, with a total value of £74,996.44 ($101,469.95).
• On Tuesday, June 10th, Richard Tyson acquired 8 shares of Oxford Instruments stock. The shares were bought at an average cost of GBX 1,892 ($25.60) per share, with a total value of £151.36 ($204.79).

Oxford Instruments Price Performance

LON:OXIG opened at GBX 1,832 ($24.79) on Friday. The business’s 50-day moving average is GBX 1,885.03 and its 200 day moving average is GBX 1,848.64. Oxford Instruments plc has a 12 month low of GBX 1,470 ($19.89) and a 12 month high of GBX 2,345 ($31.73). The company has a market capitalization of £1.06 billion, a P/E ratio of 20.81, a P/E/G ratio of -3.56 and a beta of 0.96. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96.

Oxford Instruments (LON:OXIG) last released its quarterly earnings data on Friday, June 13th. The company reported GBX 112.40 ($1.52) earnings per share (EPS) for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. On average, equities research analysts forecast that Oxford Instruments plc will post 117.7149452 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Shore Capital lowered their target price on shares of Oxford Instruments from GBX 2,800 ($37.88) to GBX 2,600 ($35.18) and set a “buy” rating on the stock in a report on Thursday, July 31st. Berenberg Bank reduced their price target on shares of Oxford Instruments from GBX 2,600 ($35.18) to GBX 2,500 ($33.82) and set a “buy” rating on the stock in a report on Monday, July 14th.

Oxford Instruments Company Profile

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments’ growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.