Insider Buying: Tesco PLC (LON:TSCO) Insider Buys 35 Shares of Stock

Tesco PLC (LON:TSCO) insider Ken Murphy bought 35 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The shares were bought at an average cost of GBX 395 ($4.97) per share, with a total value of £138.25 ($173.92).

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

• On Friday, January 17th, Ken Murphy acquired 38 shares of Tesco stock. The shares were bought at an average cost of GBX 364 ($4.58) per share, with a total value of £138.32 ($174.01).

Tesco Stock Up 0.1 %

Tesco stock traded up GBX 0.40 ($0.01) during midday trading on Monday, hitting GBX 397 ($4.99). 6,579,604 shares of the company’s stock were exchanged, compared to its average volume of 14,982,821. The company has a market cap of £26.49 billion, a PE ratio of 20.78, a P/E/G ratio of 1.43 and a beta of 0.51. The firm has a 50-day moving average of GBX 367.30 and a two-hundred day moving average of GBX 357.38. The company has a debt-to-equity ratio of 126.35, a quick ratio of 0.60 and a current ratio of 0.81. Tesco PLC has a 12 month low of GBX 272.80 ($3.43) and a 12 month high of GBX 398.10 ($5.01).

Analyst Ratings Changes

Several brokerages have recently issued reports on TSCO. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a report on Tuesday, December 10th. JPMorgan Chase & Co. lowered their target price on Tesco from GBX 410 ($5.16) to GBX 400 ($5.03) and set an “overweight” rating for the company in a research report on Monday, January 13th.

Tesco Company Profile

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.