Paula Bell Sells 131,650 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell sold 131,650 shares of Spirent Communications stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of GBX 188 ($2.44), for a total value of £247,502 ($320,931.02).

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

• On Monday, February 24th, Paula Bell purchased 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 ($162.46).
• On Friday, January 24th, Paula Bell purchased 69 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 182 ($2.36) per share, for a total transaction of £125.58 ($162.84).
• On Tuesday, December 24th, Paula Bell purchased 70 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 177 ($2.30) per share, for a total transaction of £123.90 ($160.66).

Spirent Communications Price Performance

LON:SPT opened at GBX 188.10 ($2.44) on Friday. 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 stock’s 50-day simple moving average is GBX 184.30 and its 200 day simple moving average is GBX 177.40. The company has a market cap of £1.35 billion, a P/E ratio of 101.68, a P/E/G ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a 52-week low of GBX 166.20 ($2.16) and a 52-week high of GBX 203.80 ($2.64).

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 199 ($2.58) price target on shares of Spirent Communications in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 225 ($2.92) price target on shares of Spirent Communications in a research note on Friday, November 22nd. Finally, 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 report on Monday, December 2nd.

About Spirent Communications

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.