Insider Buying: Ondo InsurTech (LON:ONDO) Insider Purchases £149.94 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington acquired 2,142 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average cost of GBX 7 per share, for a total transaction of £149.94.

Kevin Withington also recently made the following trade(s):

• On Monday, June 1st, Kevin Withington purchased 4,285 shares of Ondo InsurTech stock. The shares were purchased at an average cost of GBX 4 per share, for a total transaction of £171.40.
• On Friday, May 1st, Kevin Withington acquired 3,850 shares of Ondo InsurTech stock. The shares were bought at an average price of GBX 4 per share, with a total value of £154.

Ondo InsurTech Price Performance

Shares of Ondo InsurTech stock traded down GBX 1.32 on Monday, reaching GBX 5.68. 8,131,745 shares of the company traded hands, compared to its average volume of 1,780,644. The company has a 50 day moving average of GBX 4.48 and a 200 day moving average of GBX 13.02. Ondo InsurTech Plc has a 52 week low of GBX 2.80 and a 52 week high of GBX 35. The firm has a market capitalization of £8.51 million, a PE ratio of -0.94 and a beta of 0.85.

About Ondo InsurTech

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.