Insider Buying: Dr. Martens (LON:DOCS) Insider Acquires £149.60 in Stock

Dr. Martens plc (LON:DOCS – Get Free Report) insider Ije Nwokori purchased 220 shares of the firm’s stock in a transaction on Monday, October 12th. The shares were purchased at an average price of GBX 68 per share, for a total transaction of £149.60.

Ije Nwokori also recently made the following trade(s):

  • On Friday, September 11th, Ije Nwokori acquired 232 shares of Dr. Martens stock. The stock was purchased at an average cost of GBX 65 per share, with a total value of £150.80.
  • On Tuesday, August 11th, Ije Nwokori acquired 179 shares of Dr. Martens stock. The stock was purchased at an average price of GBX 84 per share, for a total transaction of £150.36.

Dr. Martens Price Performance

DOCS stock opened at GBX 68.30 on Wednesday. The business’s fifty day moving average price is GBX 73.86 and its 200 day moving average price is GBX 70.98. Dr. Martens plc has a 12-month low of GBX 59.15 and a 12-month high of GBX 97.05. The company has a current ratio of 2.61, a quick ratio of 1.13 and a debt-to-equity ratio of 108.85. The company has a market capitalization of £653.75 million, a PE ratio of 28.46, a P/E/G ratio of 6.40 and a beta of 0.26.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 110 price target on shares of Dr. Martens in a research note on Friday, October 9th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 105.

Read Our Latest Analysis on DOCS

Dr. Martens Company Profile

(Get Free Report)

Dr. Martens is an iconic British footwear brand founded in Northamptonshire, England. Its first silhouette, the 1460 boot – named after the date it was produced – rolled off the production line on 1st April 1960. Originally chosen by workers for their air-cushioned comfort and durability, “Docs” or “DM’s” were later adopted by musicians and subcultural pioneers who took them from the street to the global stage.

Over six decades later, Dr. Martens operates in more than 60 countries and employs around 3,600 people.

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Insider Buying and Selling by Quarter for Dr. Martens (LON:DOCS)

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