Key Points
- Oatly SVP Simon Kenneth James Broadbent sold 7,820 shares on June 2 at an average price of $8.95, totaling about $69,989. The sale reduced his direct holdings by 11.07% and was made to cover tax withholding obligations tied to vesting equity awards.
- Oatly’s latest quarterly results beat expectations, with EPS of -$0.38 versus the consensus estimate of -$0.90 and revenue of $228.33 million versus $214.61 million expected. Analysts currently project the company will post -2.77 EPS for the full fiscal year.
- Wall Street remains mixed on OTLY, with a consensus rating of “Hold” and an average price target of $14.64. Institutional ownership is also substantial, with hedge funds and other investors holding about 68.15% of the company’s shares.
Oatly Group AB Sponsored ADR (NASDAQ:OTLY - Get Free Report) CEO Jean-Christophe Marie Flatin sold 1,934 shares of the company's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.94, for a total transaction of $17,289.96. Following the completion of the transaction, the chief executive officer owned 245,400 shares of the company's stock, valued at $2,193,876. This represents a 0.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Oatly Group Stock Performance
NASDAQ OTLY opened at $8.61 on Thursday. The company has a debt-to-equity ratio of 43.43, a current ratio of 0.45 and a quick ratio of 0.32. Oatly Group AB Sponsored ADR has a 1 year low of $8.09 and a 1 year high of $18.84. The company has a market capitalization of $268.89 million, a PE ratio of -1.72 and a beta of 1.85. The company has a fifty day moving average of $10.84 and a two-hundred day moving average of $11.22.
Oatly Group (NASDAQ:OTLY - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.38) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.90) by $0.52. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%. The company had revenue of $228.33 million during the quarter, compared to the consensus estimate of $214.61 million. As a group, analysts expect that Oatly Group AB Sponsored ADR will post -2.77 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages have recently weighed in on OTLY. Weiss Ratings reiterated a "sell (e+)" rating on shares of Oatly Group in a research note on Friday, March 27th. Barclays set a $14.00 target price on shares of Oatly Group and gave the stock an "overweight" rating in a research note on Tuesday, April 14th. Finally, Morgan Stanley set a $12.55 target price on shares of Oatly Group in a research note on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $14.64.
View Our Latest Stock Analysis on OTLY
Institutional Investors Weigh In On Oatly Group
A number of hedge funds have recently added to or reduced their stakes in OTLY. Performa Ltd US LLC lifted its position in Oatly Group by 16.8% in the fourth quarter. Performa Ltd US LLC now owns 10,100 shares of the company's stock valued at $108,000 after purchasing an additional 1,450 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Oatly Group in the first quarter valued at about $133,000. Geode Capital Management LLC acquired a new stake in Oatly Group in the second quarter valued at about $151,000. R Squared Ltd acquired a new stake in Oatly Group in the fourth quarter valued at about $155,000. Finally, Van ECK Associates Corp lifted its position in Oatly Group by 19.0% in the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company's stock valued at $178,000 after purchasing an additional 1,756 shares during the period. Institutional investors and hedge funds own 68.15% of the company's stock.
About Oatly Group
(
Get Free Report)
Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.
Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
