Insider Selling: AO World (LON:AO) Insider Sells £3,003,002.25 in Stock

AO World plc (LON:AO) insider John Roberts sold 3,618,075 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of GBX 83, for a total value of £3,003,002.25.

John Roberts also recently made the following trade(s):

• On Wednesday, August 12th, John Roberts sold 183,160 shares of AO World stock. The stock was sold at an average price of GBX 98, for a total value of £179,496.80.

AO World Trading Up 0.5%

LON:AO traded up GBX 0.40 on Tuesday, hitting GBX 88.60. 362,513 shares of the stock were exchanged, compared to its average volume of 22,969. The company has a debt-to-equity ratio of 36.92, a quick ratio of 0.48 and a current ratio of 1.09. AO World plc has a 52 week low of GBX 77.15 and a 52 week high of GBX 120.40. The stock has a market capitalization of £515.24 million, a price-to-earnings ratio of 20.20, a P/E/G ratio of -2.13 and a beta of 1.23. The company’s 50-day moving average price is GBX 93.53 and its 200 day moving average price is GBX 91.43.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut their price objective on shares of AO World from GBX 160 to GBX 155 and set a “buy” rating on the stock in a report on Friday, September 25th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 146.

About AO World

AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.