Spirent Communications plc (LON:SPT) Insider Paula Bell Acquires 73 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell purchased 73 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was bought at an average cost of GBX 171 ($2.15) per share, for a total transaction of £124.83 ($156.92).

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

• On Thursday, October 24th, Paula Bell acquired 73 shares of Spirent Communications stock. The shares were bought at an average price of GBX 172 ($2.16) per share, with a total value of £125.56 ($157.84).

Spirent Communications Stock Down 1.3 %

SPT stock opened at GBX 171.30 ($2.15) on Wednesday. The stock has a market capitalization of £979.58 million, a P/E ratio of 8,579.30, a P/E/G ratio of 5.73 and a beta of 0.57. The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95. Spirent Communications plc has a 1-year low of GBX 102.30 ($1.29) and a 1-year high of GBX 203.80 ($2.56). The business has a fifty day moving average price of GBX 171.63 and a 200-day moving average price of GBX 177.22.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SPT. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 225 ($2.83) price target on shares of Spirent Communications in a report on Friday, November 22nd. Canaccord Genuity Group raised shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.50) price objective on the stock in a research report on Wednesday, August 7th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Spirent Communications from GBX 344 ($4.32) to GBX 321 ($4.04) and set an “overweight” rating for the company in a report on Monday, September 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.