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

Spirent Communications plc (LON:SPT) insider Paula Bell purchased 73 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average price of GBX 171 ($2.17) per share, for a total transaction of £124.83 ($158.45).

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

• On Thursday, October 24th, Paula Bell acquired 73 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 172 ($2.18) per share, for a total transaction of £125.56 ($159.38).

Spirent Communications Stock Performance

LON:SPT opened at GBX 171.50 ($2.18) on Friday. The stock’s 50-day moving average is GBX 171.57 and its 200-day moving average is GBX 176.94. Spirent Communications plc has a 1-year low of GBX 102.30 ($1.30) and a 1-year high of GBX 203.80 ($2.59). The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.26. The stock has a market cap of £980.72 million, a P/E ratio of 8,575.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. cut their target price on Spirent Communications from GBX 344 ($4.37) to GBX 321 ($4.07) and set an “overweight” rating for the company in a research note on Monday, September 16th. Canaccord Genuity Group upgraded Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.53) target price on the stock in a research report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 225 ($2.86) price target on shares of Spirent Communications in a research note on Friday, November 22nd.

About Spirent Communications

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.