Ondo InsurTech (LON:ONDO) Insider Craig Foster Acquires 988,639 Shares

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster acquired 988,639 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The shares were purchased at an average price of GBX 3 per share, with a total value of £29,659.17.

Craig Foster also recently made the following trade(s):

• On Friday, June 26th, Craig Foster bought 2,142 shares of Ondo InsurTech stock. The stock was purchased at an average price of GBX 7 per share, for a total transaction of £149.94.
• On Tuesday, June 23rd, Craig Foster sold 947,517 shares of Ondo InsurTech stock. The shares were sold at an average price of GBX 4, for a total transaction of £37,900.68.
• On Monday, June 1st, Craig Foster purchased 4,285 shares of Ondo InsurTech stock. The stock was purchased at an average cost of GBX 4 per share, with a total value of £171.40.
• On Friday, May 1st, Craig Foster purchased 3,850 shares of Ondo InsurTech stock. The shares were purchased at an average price of GBX 4 per share, with a total value of £154.

Ondo InsurTech Price Performance

Shares of ONDO stock traded up GBX 0.35 during trading on Friday, hitting GBX 6.15. 7,533,458 shares of the stock traded hands, compared to its average volume of 1,859,089. The firm has a market capitalization of £9.21 million, a P/E ratio of -1.02 and a beta of 0.85. The firm’s fifty day moving average price is GBX 4.30 and its 200-day moving average price is GBX 12.04. Ondo InsurTech Plc has a 52-week low of GBX 2.80 and a 52-week high of GBX 35.

Ondo InsurTech Company Profile

Ondo is a world leading provider of claims prevention technology for home insurers. Ondo’s focus is on the global scale-up of LeakBot – claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to ‘find and fix’ the problem.