Oatly Group AB (NASDAQ:OTLY) Shares Bought by Green Alpha Advisors LLC

Green Alpha Advisors LLC increased its holdings in Oatly Group AB (NASDAQ:OTLY) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 686,776 shares of the company’s stock after acquiring an additional 38,363 shares during the quarter. Green Alpha Advisors LLC owned approximately 0.12% of Oatly Group worth $455,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OTLY. Sanctuary Advisors LLC grew its position in shares of Oatly Group by 33.9% during the third quarter. Sanctuary Advisors LLC now owns 55,778 shares of the company’s stock worth $48,000 after buying an additional 14,116 shares in the last quarter. Jane Street Group LLC boosted its stake in Oatly Group by 134.8% during the 3rd quarter. Jane Street Group LLC now owns 143,256 shares of the company’s stock valued at $128,000 after acquiring an additional 82,242 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in Oatly Group during the 3rd quarter worth $85,000. Portolan Capital Management LLC increased its position in shares of Oatly Group by 8.3% in the 3rd quarter. Portolan Capital Management LLC now owns 4,745,911 shares of the company’s stock worth $4,055,000 after purchasing an additional 361,832 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of Oatly Group in the 3rd quarter valued at about $98,000. Hedge funds and other institutional investors own 68.15% of the company’s stock.

Analyst Ratings Changes

Separately, Barclays upgraded Oatly Group to a “strong-buy” rating in a research note on Monday, November 11th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1.27.

Oatly Group Stock Performance

Oatly Group stock opened at $0.65 on Monday. The company has a market cap of $387.50 million, a PE ratio of -0.94 and a beta of 1.97. Oatly Group AB has a 12 month low of $0.60 and a 12 month high of $1.40. The company has a fifty day moving average price of $0.69 and a two-hundred day moving average price of $0.83. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.62 and a quick ratio of 0.47.

Oatly Group (NASDAQ:OTLY) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.06). Oatly Group had a negative net margin of 50.33% and a negative return on equity of 76.54%. The business had revenue of $208.00 million during the quarter, compared to the consensus estimate of $207.87 million. During the same quarter in the prior year, the firm earned ($0.07) EPS. Research analysts expect that Oatly Group AB will post -0.25 earnings per share for the current year.

About Oatly Group

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.