Spirent Communications plc (LON:SPT) Insider Paula Bell Purchases 69 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell bought 69 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were purchased at an average cost of GBX 182 ($2.27) per share, with a total value of £125.58 ($156.35).

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

• On Tuesday, December 24th, Paula Bell purchased 70 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 177 ($2.20) per share, for a total transaction of £123.90 ($154.26).
• On Monday, November 25th, Paula Bell acquired 73 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 171 ($2.13) per share, with a total value of £124.83 ($155.42).

Spirent Communications Stock Down 0.1 %

SPT opened at GBX 181 ($2.25) on Thursday. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.26. Spirent Communications plc has a twelve month low of GBX 102.30 ($1.27) and a twelve month high of GBX 203.80 ($2.54). The company has a market cap of £1.04 billion, a PE ratio of 9,050.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. The company has a 50-day moving average price of GBX 176.54 and a 200 day moving average price of GBX 174.75.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SPT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 225 ($2.80) price target on shares of Spirent Communications in a research note on Friday, November 22nd. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 199 ($2.48) price objective on shares of Spirent Communications in a research report on Monday, December 2nd. Finally, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 199 ($2.48) target price on shares of Spirent Communications in a research note on Thursday, January 16th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Spirent Communications presently has a consensus rating of “Buy” and a consensus price target of GBX 236.80 ($2.95).

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.