Paula Bell Acquires 70 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell bought 70 shares of Spirent Communications stock in a transaction that occurred on Tuesday, December 24th. The shares were acquired at an average price of GBX 177 ($2.23) per share, with a total value of £123.90 ($155.91).

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

• On Monday, November 25th, Paula Bell purchased 73 shares of Spirent Communications stock. The shares were acquired at an average price of GBX 171 ($2.15) per share, with a total value of £124.83 ($157.08).
• On Thursday, October 24th, Paula Bell acquired 73 shares of Spirent Communications stock. The stock was bought at an average price of GBX 172 ($2.16) per share, for a total transaction of £125.56 ($158.00).

Spirent Communications Price Performance

SPT stock opened at GBX 177 ($2.23) on Friday. The company has a debt-to-equity ratio of 5.26, a quick ratio of 1.95 and a current ratio of 1.82. The firm has a market cap of £1.01 billion, a P/E ratio of 8,850.00, a P/E/G ratio of 5.73 and a beta of 0.57. The firm’s fifty day moving average is GBX 173.74 and its 200 day moving average is GBX 175.79. Spirent Communications plc has a 52 week low of GBX 102.30 ($1.29) and a 52 week high of GBX 203.80 ($2.56).

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Spirent Communications from GBX 344 ($4.33) to GBX 321 ($4.04) and set an “overweight” rating for the company in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 225 ($2.83) target price on shares of Spirent Communications in a research note on Friday, November 22nd. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.50) price target on shares of Spirent Communications in a research report on Monday, December 2nd. Finally, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.50) price objective on shares of Spirent Communications in a report on Monday, December 2nd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Spirent Communications has a consensus rating of “Buy” and a consensus price target of GBX 236.80 ($2.98).

Spirent Communications Company Profile

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.