BAE Systems plc (LON:BA) Insider Buys £154.31 in Stock

BAE Systems plc (LON:BA) insider Brad Greve acquired 13 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were purchased at an average cost of GBX 1,187 ($14.52) per share, with a total value of £154.31 ($188.80).

Brad Greve also recently made the following trade(s):

• On Monday, December 16th, Brad Greve bought 12 shares of BAE Systems stock. The stock was purchased at an average price of GBX 1,205 ($14.74) per share, with a total value of £144.60 ($176.92).
• On Thursday, November 14th, Brad Greve acquired 11 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 1,341 ($16.41) per share, for a total transaction of £147.51 ($180.48).

BAE Systems Price Performance

Shares of BA traded up GBX 24.50 ($0.30) during mid-day trading on Friday, reaching GBX 1,212.50 ($14.84). The company had a trading volume of 3,657,574 shares. The company has a market capitalization of £36.62 billion, a price-to-earnings ratio of 2,020.83, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. The company’s 50 day simple moving average is GBX 1,230.22 and its 200 day simple moving average is GBX 1,271.68. BAE Systems plc has a 1-year low of GBX 1,012.50 ($12.39) and a 1-year high of GBX 1,415.25 ($17.32).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,440 ($17.62) target price on shares of BAE Systems in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,454 ($17.79).

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.