Oxford Instruments plc (OXIG) Insider Buys £8,760 in Stock

Oxford Instruments plc (LON:OXIG) insider Mary Waldner purchased 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The stock was purchased at an average price of GBX 876 ($12.28) per share, with a total value of £8,760 ($12,282.67).

Oxford Instruments plc (LON OXIG) opened at GBX 880.50 ($12.35) on Thursday. The company has a market cap of $513.50 and a price-to-earnings ratio of -3,386.54. Oxford Instruments plc has a 1-year low of GBX 700 ($9.81) and a 1-year high of GBX 1,174 ($16.46).

The firm also recently announced a dividend, which will be paid on Friday, April 6th. Stockholders of record on Thursday, February 22nd will be issued a GBX 3.70 ($0.05) dividend. The ex-dividend date is Thursday, February 22nd. This represents a dividend yield of 0.38%.

A number of research firms have weighed in on OXIG. Peel Hunt reissued a “hold” rating and set a GBX 1,020 ($14.30) price objective on shares of Oxford Instruments in a report on Tuesday, November 14th. Shore Capital reissued a “hold” rating on shares of Oxford Instruments in a report on Monday, November 13th. Berenberg Bank raised their price objective on shares of Oxford Instruments from GBX 700 ($9.81) to GBX 1,050 ($14.72) and gave the stock a “hold” rating in a report on Thursday, November 30th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,180 ($16.55) price objective on shares of Oxford Instruments in a report on Wednesday, November 15th. Finally, Barclays cut their price objective on shares of Oxford Instruments from GBX 1,145 ($16.05) to GBX 1,090 ($15.28) and set an “overweight” rating on the stock in a report on Monday, December 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. Oxford Instruments has an average rating of “Hold” and a consensus target price of GBX 1,046.88 ($14.68).

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About Oxford Instruments

Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.

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