Spirent Communications plc (LON:SPT) Insider Paula Bell Purchases 72 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell purchased 72 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was bought at an average price of GBX 174 ($2.25) per share, for a total transaction of £125.28 ($162.03).

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

• On Monday, June 24th, Paula Bell acquired 68 shares of Spirent Communications stock. The shares were bought at an average cost of GBX 185 ($2.39) per share, for a total transaction of £125.80 ($162.70).
• On Friday, May 24th, Paula Bell bought 67 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 186 ($2.41) per share, with a total value of £124.62 ($161.17).

Spirent Communications Stock Performance

Shares of SPT opened at GBX 173.90 ($2.25) on Friday. The company has a current ratio of 1.93, a quick ratio of 1.95 and a debt-to-equity ratio of 5.70. The firm has a market cap of £994.45 million, a PE ratio of 5,796.67, a P/E/G ratio of 5.73 and a beta of 0.54. Spirent Communications plc has a 12 month low of GBX 79.75 ($1.03) and a 12 month high of GBX 203.80 ($2.64). The stock has a fifty day moving average price of GBX 182.48 and a 200-day moving average price of GBX 166.94.

Analyst Ratings Changes

Separately, Canaccord Genuity Group boosted their price objective on shares of Spirent Communications from GBX 172.50 ($2.23) to GBX 199 ($2.57) and gave the stock a “hold” rating in a research note on Wednesday, April 10th.

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.