Paula Bell Acquires 66 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell bought 66 shares of the stock in a transaction on Monday, March 24th. The shares were purchased at an average price of GBX 188 ($2.43) per share, with a total value of £124.08 ($160.64).

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

• On Tuesday, March 18th, Paula Bell sold 131,650 shares of Spirent Communications stock. The stock was sold at an average price of GBX 188 ($2.43), for a total transaction of £247,502 ($320,432.42).
• On Monday, February 24th, Paula Bell acquired 67 shares of Spirent Communications stock. The stock was bought at an average cost of GBX 187 ($2.42) per share, for a total transaction of £125.29 ($162.21).
• On Friday, January 24th, Paula Bell bought 69 shares of Spirent Communications stock. The shares were acquired at an average price of GBX 182 ($2.36) per share, for a total transaction of £125.58 ($162.58).

Spirent Communications Price Performance

SPT opened at GBX 189.10 ($2.45) on Wednesday. The firm has a market cap of £1.36 billion, a PE ratio of 102.22, a P/E/G ratio of 5.73 and a beta of 0.57. The company has a debt-to-equity ratio of 5.25, a current ratio of 1.82 and a quick ratio of 1.95. Spirent Communications plc has a 1 year low of GBX 166.20 ($2.15) and a 1 year high of GBX 203.80 ($2.64). The stock has a 50-day moving average price of GBX 185.18 and a 200-day moving average price of GBX 177.67.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SPT. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 199 ($2.58) price target on shares of Spirent Communications in a research note on Monday, December 2nd. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 199 ($2.58) price target on shares of Spirent Communications in a research report on Thursday, January 16th.

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.