Insider Buying: Tesco PLC (LON:TSCO) Insider Buys 38 Shares of Stock

Tesco PLC (LON:TSCO - Get Free Report) insider Ken Murphy acquired 38 shares of the business's stock in a transaction dated Friday, January 17th. The shares were acquired at an average cost of GBX 364 ($4.49) per share, with a total value of £138.32 ($170.55).

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

• On Friday, October 25th, Ken Murphy acquired 39 shares of Tesco stock. The shares were acquired at an average cost of GBX 355 ($4.38) per share, with a total value of £138.45 ($170.72).

Tesco Price Performance

Shares of TSCO traded up GBX 0.80 ($0.01) during midday trading on Tuesday, hitting GBX 367.50 ($4.53). 9,429,105 shares of the company traded hands, compared to its average volume of 14,630,115. The firm has a 50 day moving average of GBX 362.54 and a 200-day moving average of GBX 350.54. Tesco PLC has a 52 week low of GBX 272.30 ($3.36) and a 52 week high of GBX 375.70 ($4.63). The stock has a market cap of £25.03 billion, a price-to-earnings ratio of 1,361.11, a PEG ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.42, a quick ratio of 0.60 and a current ratio of 0.81.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Shore Capital reissued a "buy" rating on shares of Tesco in a research report on Tuesday, December 10th. JPMorgan Chase & Co. lowered their target price on shares of Tesco from GBX 410 ($5.06) to GBX 400 ($4.93) and set an "overweight" rating on the stock in a research note on Monday, January 13th.

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.