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

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 67 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average price of GBX 187 ($2.37) per share, with a total value of £125.29 ($158.90).

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

• On Friday, January 24th, Paula Bell purchased 69 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 182 ($2.31) per share, with a total value of £125.58 ($159.26).
• On Tuesday, December 24th, Paula Bell acquired 70 shares of Spirent Communications stock. The shares were bought at an average price of GBX 177 ($2.24) per share, for a total transaction of £123.90 ($157.13).

Spirent Communications Stock Performance

LON:SPT opened at GBX 185 ($2.35) on Thursday. The company has a market capitalization of £1.33 billion, a PE ratio of 100.01, a P/E/G ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a fifty-two week low of GBX 102.30 ($1.30) and a fifty-two week high of GBX 203.80 ($2.58). The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.95 and a current ratio of 1.82. The company has a 50 day simple moving average of GBX 180.43 and a two-hundred day simple moving average of GBX 176.06.

Analysts Set New Price Targets

SPT has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 225 ($2.85) price target on shares of Spirent Communications in a report on Friday, November 22nd. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.52) price objective on shares of Spirent Communications in a research note on Thursday, January 16th. Finally, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 199 ($2.52) target price on shares of Spirent Communications in a research report on Monday, December 2nd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company 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.