Insider Buying: Tesco PLC (LON:TSCO) Insider Acquires 40,000 Shares of Stock

Tesco PLC (LON:TSCOGet Free Report) insider Ken Murphy acquired 40,000 shares of the business’s stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of GBX 326 ($4.27) per share, for a total transaction of £130,400 ($170,680.63).

Ken Murphy also recently made the following trade(s):

  • On Friday, March 14th, Ken Murphy purchased 37 shares of Tesco stock. The shares were acquired at an average price of GBX 371 ($4.86) per share, for a total transaction of £137.27 ($179.67).
  • On Friday, February 14th, Ken Murphy acquired 35 shares of Tesco stock. The stock was acquired at an average cost of GBX 395 ($5.17) per share, with a total value of £138.25 ($180.96).
  • On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The shares were bought at an average price of GBX 364 ($4.76) per share, for a total transaction of £138.32 ($181.05).

Tesco Trading Up 2.9 %

Tesco stock opened at GBX 323.67 ($4.24) on Friday. Tesco PLC has a 52 week low of GBX 277.50 ($3.63) and a 52 week high of GBX 398.10 ($5.21). The company has a debt-to-equity ratio of 126.35, a quick ratio of 0.60 and a current ratio of 0.81. The firm has a market capitalization of £21.60 billion, a PE ratio of 16.94, a PEG ratio of 1.43 and a beta of 0.51. The business’s 50-day simple moving average is GBX 353.97 and its 200-day simple moving average is GBX 358.65.

Tesco (LON:TSCOGet Free Report) last posted its quarterly earnings data on Thursday, April 10th. The retailer reported GBX 27.71 ($0.36) earnings per share for the quarter. Tesco had a return on equity of 11.33% and a net margin of 1.92%. Equities research analysts forecast that Tesco PLC will post 27.374848 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Shore Capital reissued a “buy” rating on shares of Tesco in a report on Thursday. JPMorgan Chase & Co. dropped their price target on shares of Tesco from GBX 410 ($5.37) to GBX 400 ($5.24) and set an “overweight” rating on the stock in a research report on Monday, January 13th.

Check Out Our Latest Stock Report on TSCO

Tesco Company Profile

(Get Free Report)

Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children’s groups, food banks and other good causes.

In challenging times, our purpose has guided every part of the Group.

Further Reading

Insider Buying and Selling by Quarter for Tesco (LON:TSCO)

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