Spirent Communications plc (LON:SPT) Insider Paula Bell Sells 131,650 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell sold 131,650 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of GBX 188 ($2.44), for a total value of £247,502 ($320,931.02).

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

• On Monday, February 24th, Paula Bell purchased 67 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 187 ($2.42) per share, with a total value of £125.29 ($162.46).
• On Friday, January 24th, Paula Bell acquired 69 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 182 ($2.36) per share, for a total transaction of £125.58 ($162.84).
• On Tuesday, December 24th, Paula Bell bought 70 shares of Spirent Communications stock. The stock was acquired at an average cost of GBX 177 ($2.30) per share, with a total value of £123.90 ($160.66).

Spirent Communications Price Performance

SPT stock opened at GBX 188.10 ($2.44) on Friday. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.25. Spirent Communications plc has a 12 month low of GBX 166.20 ($2.16) and a 12 month high of GBX 203.80 ($2.64). The firm has a market cap of £1.35 billion, a P/E ratio of 101.68, a P/E/G ratio of 5.73 and a beta of 0.57. The company’s 50-day moving average price is GBX 184.30 and its two-hundred day moving average price is GBX 177.40.

Analysts Set New Price Targets

A number of research firms recently commented on SPT. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 225 ($2.92) price target on shares of Spirent Communications in a research report on Friday, November 22nd. Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 199 ($2.58) price target on shares of Spirent Communications in a research report on Monday, December 2nd. Finally, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 199 ($2.58) price target on shares of Spirent Communications in a research report on Thursday, January 16th.

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.