Paula Bell Acquires 73 Shares of Spirent Communications plc (LON:SPT) Stock

Posted by ABMN Staff on Oct 27th, 2024

Spirent Communications plc (LON:SPT – Get Free Report) insider Paula Bell acquired 73 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were bought at an average price of GBX 172 ($2.23) per share, for a total transaction of £125.56 ($163.02).

Paula Bell also recently made the following trade(s):

On Tuesday, August 27th, Paula Bell bought 70 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 178 ($2.31) per share, for a total transaction of £124.60 ($161.78).

Spirent Communications Price Performance

Shares of SPT opened at GBX 167.54 ($2.18) on Friday. The business’s 50-day moving average is GBX 173.88 and its 200-day moving average is GBX 180.79. The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95. The company has a market capitalization of £958.05 million, a price-to-earnings ratio of 8,376.80, a P/E/G ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a fifty-two week low of GBX 88.70 ($1.15) and a fifty-two week high of GBX 203.80 ($2.65).

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Canaccord Genuity Group raised shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.58) price objective for the company in a research note on Wednesday, August 7th. JPMorgan Chase & Co. reduced their target price on Spirent Communications from GBX 344 ($4.47) to GBX 321 ($4.17) and set an “overweight” rating for the company in a report on Monday, September 16th.

Check Out Our Latest Analysis on SPT

About Spirent Communications

(Get Free Report)

Spirent Communications plc provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Lifecycle Service Assurance, and Networks & Security segments. The Lifecycle Service Assurance segment offers lab-based testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices, as well as live solutions.