Paula Bell Buys 65 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 65 shares of the stock in a transaction dated Tuesday, June 24th. The stock was acquired at an average price of GBX 192 ($2.62) per share, for a total transaction of £124.80 ($170.52).

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

• On Tuesday, May 27th, Paula Bell bought 65 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 191 ($2.61) per share, for a total transaction of £124.15 ($169.63).

Spirent Communications Price Performance

LON SPT opened at GBX 192.80 ($2.63) on Thursday. Spirent Communications plc has a 12 month low of GBX 165 ($2.25) and a 12 month high of GBX 198.80 ($2.72). The stock has a market cap of £1.38 billion, a price-to-earnings ratio of 104.22, a PEG ratio of 5.73 and a beta of 0.57. The company’s 50 day moving average is GBX 189.14 and its two-hundred day moving average is GBX 184.54. The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.72) target price on shares of Spirent Communications in a research note on Wednesday, May 7th.

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.