Oxford Nanopore Technologies Limited (LON:ONT) Insider Adrian Nevil Hennah Acquires 14,125 Shares

Oxford Nanopore Technologies Limited (LON:ONTGet Rating) insider Adrian Nevil Hennah purchased 14,125 shares of the company’s stock in a transaction that occurred on Tuesday, April 12th. The shares were purchased at an average cost of GBX 356 ($4.64) per share, with a total value of £50,285 ($65,526.45).

Shares of ONT opened at GBX 355.50 ($4.63) on Thursday. Oxford Nanopore Technologies Limited has a 1-year low of GBX 342 ($4.46) and a 1-year high of GBX 736 ($9.59). The stock has a market cap of £2.92 billion and a P/E ratio of -15.52.

A number of equities analysts recently commented on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 662 ($8.63) price target on shares of Oxford Nanopore Technologies in a research note on Thursday, March 17th. JPMorgan Chase & Co. dropped their price target on shares of Oxford Nanopore Technologies from GBX 790 ($10.29) to GBX 710 ($9.25) and set an “overweight” rating for the company in a research note on Tuesday, March 29th. Barclays reaffirmed an “overweight” rating and set a GBX 700 ($9.12) price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, March 15th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 700 ($9.12) price target on shares of Oxford Nanopore Technologies in a research note on Thursday, March 24th.

Oxford Nanopore Technologies Company Profile (Get Rating)

Oxford Nanopore Technologies Limited develops and commercializes a technology platform using nanopore-based sensing for the analysis of various types of molecules. The company offers MinION, a portable device for deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) sequencing; GridION, a self-contained benchtop device for running and analyzing up to five MinION or Flongle flow cells; Flongle, an adapter for use in MinION or GridION devices to attach a Flongle flow cell; PromethION 24 and PromethION 48 benchtop nanopore-based sequencers for multiple users to deliver multi-sample and multi-experiment sequencing results; and VolTRAX, an alternative lab equipment.

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