Spirent Communications plc (LON:SPT) Insider Paula Bell Acquires 69 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell purchased 69 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were acquired at an average price of GBX 182 ($2.26) per share, for a total transaction of £125.58 ($156.25).

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

• On Tuesday, December 24th, Paula Bell bought 70 shares of Spirent Communications stock. The shares were purchased at an average cost of GBX 177 ($2.20) per share, with a total value of £123.90 ($154.16).
• On Monday, November 25th, Paula Bell bought 73 shares of Spirent Communications stock. The shares were purchased at an average cost of GBX 171 ($2.13) per share, with a total value of £124.83 ($155.32).

Spirent Communications Stock Up 0.0 %

Spirent Communications stock opened at GBX 181.19 ($2.25) on Wednesday. Spirent Communications plc has a fifty-two week low of GBX 102.30 ($1.27) and a fifty-two week high of GBX 203.80 ($2.54). The firm’s 50-day simple moving average is GBX 176.38 and its 200 day simple moving average is GBX 174.75. The stock has a market cap of £1.04 billion, a PE ratio of 9,059.50, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. The company has a debt-to-equity ratio of 5.26, a quick ratio of 1.95 and a current ratio of 1.82.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 199 ($2.48) price objective on shares of Spirent Communications in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 225 ($2.80) price objective on shares of Spirent Communications in a report on Friday, November 22nd. Finally, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 199 ($2.48) price objective on shares of Spirent Communications in a report on Thursday, January 16th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Spirent Communications has an average rating of “Buy” and a consensus target price of GBX 236.80 ($2.95).

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.