Tesco PLC (LON:TSCO) Insider Buys £138.25 in Stock

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 35 shares of the company’s stock in a transaction on Friday, February 14th. The shares were purchased at an average price of GBX 395 ($4.97) per share, for a total transaction of £138.25 ($173.92).

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

• On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The stock was purchased at an average price of GBX 364 ($4.58) per share, for a total transaction of £138.32 ($174.01).

Tesco Stock Performance

Tesco stock traded up GBX 0.40 ($0.01) during mid-day trading on Monday, hitting GBX 397 ($4.99). The company had a trading volume of 6,579,604 shares, compared to its average volume of 14,982,821. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 126.35. The company has a market capitalization of £26.49 billion, a price-to-earnings ratio of 20.78, a P/E/G ratio of 1.43 and a beta of 0.51. The company’s fifty day moving average is GBX 367.30 and its 200-day moving average is GBX 357.38. 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 commented on TSCO. JPMorgan Chase & Co. decreased their price objective on shares of Tesco from GBX 410 ($5.16) to GBX 400 ($5.03) and set an “overweight” rating for the company in a research note on Monday, January 13th. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a report on Tuesday, December 10th.

About Tesco

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.