Spirent Communications plc (LON:SPT) Insider Paula Bell Acquires 66 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 66 shares of the company’s stock in a transaction on Monday, March 24th. The stock was acquired at an average price of GBX 188 ($2.43) per share, for a total transaction of £124.08 ($160.64).

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

• On Tuesday, March 18th, Paula Bell sold 131,650 shares of Spirent Communications stock. The stock was sold at an average price of GBX 188 ($2.43), for a total value of £247,502 ($320,432.42).
• On Monday, February 24th, Paula Bell bought 67 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 187 ($2.42) per share, for a total transaction of £125.29 ($162.21).
• On Friday, January 24th, Paula Bell purchased 69 shares of Spirent Communications stock. The stock was bought at an average price of GBX 182 ($2.36) per share, with a total value of £125.58 ($162.58).

Spirent Communications Stock Performance

Shares of SPT opened at GBX 189.10 ($2.45) on Wednesday. Spirent Communications plc has a one year low of GBX 166.20 ($2.15) and a one year high of GBX 203.80 ($2.64). The company has a debt-to-equity ratio of 5.25, a current ratio of 1.82 and a quick ratio of 1.95. The stock has a market cap of £1.36 billion, a price-to-earnings ratio of 102.22, a PEG ratio of 5.73 and a beta of 0.57. The company has a 50-day moving average of GBX 185.18 and a two-hundred day moving average of GBX 177.67.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.58) price objective on shares of Spirent Communications in a research report on Thursday, January 16th. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 199 ($2.58) target price on shares of Spirent Communications in a research note on Monday, December 2nd.

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.