Oxford Instruments plc (OXIG) Insider Ian Barkshire Buys 16 Shares

Oxford Instruments plc (LON:OXIG) insider Ian Barkshire purchased 16 shares of the company’s stock in a transaction that occurred on Thursday, January 10th. The shares were purchased at an average cost of GBX 929 ($12.14) per share, with a total value of £148.64 ($194.22).

LON:OXIG opened at GBX 919 ($12.01) on Friday. Oxford Instruments plc has a 1-year low of GBX 680 ($8.89) and a 1-year high of GBX 1,174 ($15.34).

The business also recently disclosed a dividend, which will be paid on Monday, April 8th. Shareholders of record on Thursday, February 28th will be issued a GBX 3.80 ($0.05) dividend. The ex-dividend date is Thursday, February 28th. This represents a yield of 0.4%.



Several analysts recently weighed in on OXIG shares. JPMorgan Chase & Co. dropped their price target on Oxford Instruments from GBX 1,180 ($15.42) to GBX 1,025 ($13.39) and set an “overweight” rating for the company in a report on Tuesday, December 4th. Peel Hunt reissued a “buy” rating on shares of Oxford Instruments in a report on Tuesday, November 13th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 993 ($12.98).

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About Oxford Instruments

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.

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