Spirent Communications plc (LON:SPT) Insider Paula Bell Acquires 67 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 67 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was purchased at an average price of GBX 187 ($2.37) per share, with a total value of £125.29 ($158.80).

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

• On Friday, January 24th, Paula Bell acquired 69 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 182 ($2.31) per share, with a total value of £125.58 ($159.16).
• On Tuesday, December 24th, Paula Bell acquired 70 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 177 ($2.24) per share, with a total value of £123.90 ($157.03).

Spirent Communications Stock Down 0.3 %

SPT stock opened at GBX 187 ($2.37) on Wednesday. The stock has a market capitalization of £1.34 billion, a P/E ratio of 101.09, a P/E/G ratio of 5.73 and a beta of 0.57. The firm has a 50-day simple moving average of GBX 180.31 and a 200-day simple moving average of GBX 176.01. 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 52 week low of GBX 102.30 ($1.30) and a 52 week high of GBX 203.80 ($2.58).

Analyst Ratings Changes

SPT has been the subject of a number of analyst reports. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.52) price objective on shares of Spirent Communications in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 225 ($2.85) price objective on shares of Spirent Communications in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.52) price objective on shares of Spirent Communications in a research report on Monday, December 2nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 236.80 ($3.00).

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.