Paula Bell Purchases 49 Shares of Spirent Communications Plc (LON:SPT) Stock

Spirent Communications Plc (LON:SPT) insider Paula Bell purchased 49 shares of Spirent Communications stock in a transaction that occurred on Friday, July 24th. The shares were bought at an average price of GBX 260 ($3.20) per share, with a total value of £127.40 ($156.78).

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

  • On Wednesday, June 24th, Paula Bell purchased 53 shares of Spirent Communications stock. The shares were bought at an average price of GBX 234 ($2.88) per share, with a total value of £124.02 ($152.62).
  • On Tuesday, May 26th, Paula Bell purchased 51 shares of Spirent Communications stock. The shares were bought at an average price of GBX 253 ($3.11) per share, with a total value of £129.03 ($158.79).
  • On Monday, May 4th, Paula Bell sold 131,769 shares of Spirent Communications stock. The shares were sold at an average price of GBX 235 ($2.89), for a total value of £309,657.15 ($381,069.59).

SPT stock opened at GBX 263.50 ($3.24) on Wednesday. The company has a current ratio of 2.25, a quick ratio of 2.05 and a debt-to-equity ratio of 8.20. The company has a market capitalization of $1.61 billion and a PE ratio of 20.91. Spirent Communications Plc has a 12-month low of GBX 2.27 ($0.03) and a 12-month high of GBX 270.50 ($3.33). The business’s fifty day moving average price is GBX 245.65 and its 200 day moving average price is GBX 233.35.

A number of analysts have recently commented on SPT shares. Jefferies Financial Group boosted their price objective on Spirent Communications from GBX 290 ($3.57) to GBX 325 ($4.00) and gave the company a “buy” rating in a research report on Tuesday, July 14th. UBS Group restated a “neutral” rating on shares of Spirent Communications in a research report on Thursday, April 16th. Liberum Capital cut their price objective on Spirent Communications from GBX 270 ($3.32) to GBX 255 ($3.14) and set a “buy” rating for the company in a research report on Wednesday, April 15th. Deutsche Bank lifted their price target on Spirent Communications from GBX 230 ($2.83) to GBX 235 ($2.89) and gave the stock a “hold” rating in a research note on Thursday, July 9th. Finally, Barclays reaffirmed an “underweight” rating on shares of Spirent Communications in a research note on Monday, July 13th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Spirent Communications presently has a consensus rating of “Hold” and an average target price of GBX 229.63 ($2.83).

Spirent Communications Company Profile

Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through Networks & Security, Lifecycle Service Assurance, and Connected Devices segments. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.

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Insider Buying and Selling by Quarter for Spirent Communications (LON:SPT)

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