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

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 69 shares of the company’s stock in a transaction dated Friday, January 24th. The shares were purchased 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 purchased 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 acquired 73 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 171 ($2.13) per share, for a total transaction of £124.83 ($155.32).

Spirent Communications Stock Down 0.5 %

Shares of Spirent Communications stock opened at GBX 181.10 ($2.25) on Tuesday. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.26. The business has a 50-day moving average price of GBX 176.19 and a 200 day moving average price of GBX 174.75. 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 has a market cap of £1.04 billion, a P/E ratio of 9,055.00, a P/E/G ratio of 5.73 and a beta of 0.57.

Analyst Upgrades and Downgrades

SPT has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 225 ($2.80) target price on shares of Spirent Communications in a research report on Friday, November 22nd. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 199 ($2.48) target price on shares of Spirent Communications in a research report on Monday, December 2nd. Finally, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 199 ($2.48) price target on shares of Spirent Communications in a research report on Thursday, January 16th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 236.80 ($2.95).

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.