Tesco PLC (LON:TSCO) Insider Ken Murphy Acquires 35 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy bought 35 shares of the company’s stock in a transaction on Friday, February 14th. The stock was bought at an average price of GBX 395 ($4.98) per share, for a total transaction of £138.25 ($174.43).

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

• On Friday, January 17th, Ken Murphy bought 38 shares of Tesco stock. The stock was bought at an average price of GBX 364 ($4.59) per share, for a total transaction of £138.32 ($174.51).

Tesco Price Performance

Shares of TSCO opened at GBX 397 ($5.01) on Tuesday. The company has a 50 day moving average price of GBX 367.30 and a 200-day moving average price of GBX 357.38. Tesco PLC has a fifty-two week low of GBX 272.80 ($3.44) and a fifty-two week high of GBX 398.10 ($5.02). The stock has a market capitalization of £26.49 billion, a PE ratio of 20.78, a PEG ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.35, a quick ratio of 0.60 and a current ratio of 0.81.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Tesco from GBX 410 ($5.17) to GBX 400 ($5.05) and set an “overweight” rating on the stock in a research note on Monday, January 13th. Shore Capital restated a “buy” rating on shares of Tesco in a research note 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.