Tesco PLC (LON:TSCO) Insider Buys £137.27 in Stock

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 37 shares of the stock in a transaction dated Friday, March 14th. The stock was acquired at an average cost of GBX 371 ($4.82) per share, for a total transaction of £137.27 ($178.30).

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

• On Friday, February 14th, Ken Murphy acquired 35 shares of Tesco stock. The stock was acquired at an average price of GBX 395 ($5.13) per share, with a total value of £138.25 ($179.57).
• On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The shares were bought at an average price of GBX 364 ($4.73) per share, for a total transaction of £138.32 ($179.66).

Tesco Price Performance

Shares of Tesco stock traded up GBX 2 ($0.03) during trading on Tuesday, hitting GBX 326.20 ($4.24). 2,147,000,000 shares of the stock traded hands, compared to its average volume of 57,498,461. The stock has a market cap of £21.77 billion, a price-to-earnings ratio of 17.07, a PEG ratio of 1.43 and a beta of 0.51. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35. Tesco PLC has a 52 week low of GBX 277.50 ($3.60) and a 52 week high of GBX 398.10 ($5.17). The firm’s fifty day moving average is GBX 369.44 and its 200-day moving average is GBX 363.32.

Wall Street Analysts Forecast Growth

TSCO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Tesco from GBX 410 ($5.33) to GBX 400 ($5.20) and set an “overweight” rating on the stock in a report on Monday, January 13th. Shore Capital restated a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th.

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.