Oatly Group (NASDAQ:OTLY) Trading 9% Higher – Here’s What Happened

Oatly Group AB Sponsored ADR (NASDAQ:OTLY) rose 9% on Monday . The company traded as high as $15.50 and last traded at $15.8020. Approximately 64,075 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 97,895 shares. The stock had previously closed at $14.50.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley set a $12.55 target price on Oatly Group in a report on Thursday, April 30th. Weiss Ratings restated a “sell (e+)” rating on shares of Oatly Group in a research report on Wednesday, June 24th. Finally, Barclays reaffirmed an “overweight” rating and issued a $12.00 price objective (down from $14.00) on shares of Oatly Group in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $14.14.

Oatly Group Price Performance

The business’s 50 day moving average is $11.39 and its two-hundred day moving average is $10.99. The firm has a market cap of $507.56 million, a P/E ratio of -3.85 and a beta of 1.81. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 43.43.

Oatly Group (NASDAQ:OTLY) last released its earnings results on Wednesday, July 22nd. The company reported ($0.99) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.99). Oatly Group had a negative net margin of 13.81% and a negative return on equity of 2,479.86%. The business had revenue of $240.09 million for the quarter, compared to analyst estimates of $219.47 million. As a group, analysts anticipate that Oatly Group AB Sponsored ADR will post -2.71 earnings per share for the current year.

Insider Activity

In related news, SVP Simon Kenneth James Broadbent sold 7,820 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $8.95, for a total transaction of $69,989.00. Following the completion of the sale, the senior vice president owned 62,845 shares of the company’s stock, valued at $562,462.75. This trade represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Martin Fredrik Lind sold 2,968 shares of Oatly Group stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $8.96, for a total value of $26,593.28. Following the completion of the sale, the insider owned 18,088 shares of the company’s stock, valued at approximately $162,068.48. The trade was a 14.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 12,722 shares of company stock worth $113,872. 1.70% of the stock is owned by corporate insiders.

Institutional Trading of Oatly Group

Hedge funds have recently modified their holdings of the stock. Performa Ltd US LLC lifted its position in Oatly Group by 16.8% in the 4th quarter. Performa Ltd US LLC now owns 10,100 shares of the company’s stock valued at $108,000 after acquiring an additional 1,450 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Oatly Group by 9.5% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock worth $215,000 after purchasing an additional 1,568 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of Oatly Group by 19.0% in 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. UBS Group AG lifted its holdings in shares of Oatly Group by 1.5% in the third quarter. UBS Group AG now owns 646,591 shares of the company’s stock valued at $10,475,000 after purchasing an additional 9,620 shares in the last quarter. Finally, R Squared Ltd lifted its holdings in shares of Oatly Group by 77.1% in the first quarter. R Squared Ltd now owns 25,609 shares of the company’s stock valued at $260,000 after purchasing an additional 11,145 shares in the last quarter. Institutional investors own 68.15% of the company’s stock.

About Oatly Group

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.