Oatly Group (NASDAQ:OTLY) SVP Simon Kenneth James Broadbent Sells 7,820 Shares

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) SVP Simon Kenneth James Broadbent sold 7,820 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $8.95, for a total value of $69,989.00. Following the transaction, the senior vice president directly owned 62,845 shares of the company’s stock, valued at approximately $562,462.75. This trade represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oatly Group Price Performance

Shares of NASDAQ OTLY opened at $8.61 on Thursday. The stock has a fifty day simple moving average of $10.84 and a two-hundred day simple moving average of $11.22. Oatly Group AB Sponsored ADR has a 1-year low of $8.09 and a 1-year high of $18.84. The firm has a market cap of $268.89 million, a price-to-earnings ratio of -1.72 and a beta of 1.85. The company has a current ratio of 0.45, a quick ratio of 0.32 and a debt-to-equity ratio of 43.43.

Oatly Group (NASDAQ:OTLY) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($0.38) earnings per share for the quarter, beating the consensus estimate of ($0.90) by $0.52. Oatly Group had a negative return on equity of 432.75% and a negative net margin of 17.06%.The business had revenue of $228.33 million during the quarter, compared to analyst estimates of $214.61 million. Analysts anticipate that Oatly Group AB Sponsored ADR will post -2.77 earnings per share for the current year.

Institutional Investors Weigh In On Oatly Group

Several large investors have recently added to or reduced their stakes in OTLY. Cubist Systematic Strategies LLC bought a new stake in Oatly Group during the first quarter valued at $133,000. Geode Capital Management LLC bought a new stake in Oatly Group during the second quarter valued at $151,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Oatly Group by 9.5% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock valued at $215,000 after buying an additional 1,568 shares during the period. Van ECK Associates Corp lifted its stake in Oatly Group by 19.0% during the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock worth $178,000 after purchasing an additional 1,756 shares during the last quarter. Finally, UBS Group AG lifted its stake in Oatly Group by 1.5% during the third quarter. UBS Group AG now owns 646,591 shares of the company’s stock worth $10,475,000 after purchasing an additional 9,620 shares during the last quarter. Institutional investors own 68.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on OTLY shares. Morgan Stanley set a $12.55 price objective on Oatly Group in a report on Thursday, April 30th. Barclays set a $14.00 price target on Oatly Group and gave the company an “overweight” rating in a research report on Tuesday, April 14th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Oatly Group in a report on Friday, March 27th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Oatly Group has a consensus rating of “Hold” and a consensus target price of $14.64.

Oatly Group Company Profile

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.