Neill Abrams Acquires 16 Shares of Ocado Group PLC (OCDO) Stock

Ocado Group PLC (LON:OCDO) insider Neill Abrams bought 16 shares of the company’s stock in a transaction on Friday, February 15th. The shares were bought at an average price of GBX 915 ($11.96) per share, for a total transaction of £146.40 ($191.30).

Neill Abrams also recently made the following trade(s):

  • On Tuesday, January 15th, Neill Abrams bought 17 shares of Ocado Group stock. The shares were bought at an average price of GBX 878 ($11.47) per share, for a total transaction of £149.26 ($195.03).
  • On Monday, December 17th, Neill Abrams bought 18 shares of Ocado Group stock. The shares were bought at an average price of GBX 815 ($10.65) per share, for a total transaction of £146.70 ($191.69).

LON OCDO opened at GBX 903.60 ($11.81) on Friday. Ocado Group PLC has a 12-month low of GBX 233.10 ($3.05) and a 12-month high of GBX 603.20 ($7.88).

OCDO has been the topic of several research analyst reports. Peel Hunt restated a “buy” rating on shares of Ocado Group in a report on Tuesday, October 30th. Numis Securities restated a “buy” rating and set a GBX 1,250 ($16.33) target price on shares of Ocado Group in a report on Tuesday, October 30th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a GBX 750 ($9.80) target price on shares of Ocado Group in a report on Tuesday, February 5th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. Ocado Group presently has an average rating of “Hold” and an average target price of GBX 846.11 ($11.06).

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About Ocado Group

Ocado Group plc operates as an online grocery retailer in the United Kingdom. It sells general merchandise products on its Ocado.com hypermarket through three specialty destination sites, including Fetch, a specialty pet store; Sizzle, a kitchen and dining store; and Fabled, a premium beauty store. The company also engages in the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods.

Further Reading: Tariff

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