Spirent Communications plc (LON:SPT) Insider Buys £124.80 in Stock

Spirent Communications plc (LON:SPT) insider Paula Bell purchased 64 shares of the business’s stock in a transaction dated Wednesday, April 24th. The shares were acquired at an average price of GBX 195 ($2.41) per share, for a total transaction of £124.80 ($154.15).

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

• On Monday, March 11th, Paula Bell sold 26,889 shares of Spirent Communications stock. The shares were sold at an average price of GBX 176 ($2.17), for a total transaction of £47,324.64 ($58,454.35).
• On Tuesday, February 27th, Paula Bell acquired 112 shares of Spirent Communications stock. The shares were bought at an average price of GBX 112 ($1.38) per share, for a total transaction of £125.44 ($154.94).

Spirent Communications Trading Down 0.2 %

LON:SPT opened at GBX 194.70 ($2.40) on Friday. The company has a debt-to-equity ratio of 5.70, a current ratio of 1.93 and a quick ratio of 1.95. The firm has a 50-day moving average of GBX 170.59 and a 200-day moving average of GBX 131.88. The company has a market cap of £1.11 billion, a PE ratio of 6,490.00, a PEG ratio of 5.73 and a beta of 0.53. Spirent Communications plc has a one year low of GBX 79.75 ($0.99) and a one year high of GBX 203.80 ($2.52).

Analysts Set New Price Targets

Several equities research analysts have recently commented on SPT shares. Numis Securities boosted their target price on shares of Spirent Communications from GBX 155 ($1.91) to GBX 240 ($2.96) and gave the stock a “buy” rating in a research report on Friday, March 8th. Canaccord Genuity Group boosted their target price on shares of Spirent Communications from GBX 172.50 ($2.13) to GBX 199 ($2.46) and gave the stock a “hold” rating in a research report on Wednesday, April 10th.

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.