Oatly Group (NASDAQ:OTLY) Trading Down 1.7% – What’s Next?

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) fell 1.7% during trading on Wednesday . The company traded as low as $9.35 and last traded at $9.49. Approximately 22,273 shares were traded during trading, a decline of 74% from the average session volume of 86,423 shares. The stock had previously closed at $9.65.

Analysts Set New Price Targets

OTLY has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a report on Wednesday, June 24th. Barclays set a $14.00 price objective on shares of Oatly Group and gave the company an “overweight” rating in a research report on Tuesday, April 14th. Finally, Morgan Stanley set a $12.55 target price on shares of Oatly Group in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Oatly Group has a consensus rating of “Hold” and an average price target of $14.64.

Oatly Group Price Performance

The firm has a 50-day moving average of $9.50 and a 200-day moving average of $10.66. The stock has a market cap of $296.37 million, a PE ratio of -1.90 and a beta of 1.85. 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 posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.38) EPS for the quarter, topping analysts’ consensus estimates of ($0.90) by $0.52. Oatly Group had a negative return on equity of 432.75% and a negative net margin of 17.06%.The company had revenue of $228.33 million for the quarter, compared to analysts’ expectations of $214.61 million. Research analysts predict that Oatly Group AB Sponsored ADR will post -2.77 EPS for the current year.

Insider Activity at Oatly Group

In related news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total transaction of $69,989.00. Following the completion of the transaction, the senior vice president owned 62,845 shares in the company, valued at approximately $562,462.75. This represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Martin Fredrik Lind sold 2,968 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.96, for a total transaction of $26,593.28. Following the transaction, the insider directly owned 18,088 shares of the company’s stock, valued at $162,068.48. The trade was a 14.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 12,722 shares of company stock worth $113,872. Company insiders own 1.70% of the company’s stock.

Institutional Trading of Oatly Group

Several hedge funds have recently bought and sold shares of OTLY. Performa Ltd US LLC boosted its holdings in shares of Oatly Group by 16.8% during the 4th quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after purchasing an additional 1,450 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Oatly Group in the first quarter worth about $133,000. Geode Capital Management LLC bought a new stake in shares of Oatly Group in the second quarter worth about $151,000. R Squared Ltd purchased a new stake in shares of Oatly Group in the fourth quarter worth about $155,000. Finally, Van ECK Associates Corp lifted its position in shares of Oatly Group by 19.0% in the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after buying an additional 1,756 shares in the last quarter. Hedge funds and other 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.