Spirent Communications plc (LON:SPT) Insider Paula Bell Buys 73 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell bought 73 shares of the stock in a transaction dated Monday, November 25th. The shares were acquired at an average price of GBX 171 ($2.15) per share, with a total value of £124.83 ($156.78).

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

• On Thursday, October 24th, Paula Bell acquired 73 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 172 ($2.16) per share, with a total value of £125.56 ($157.70).

Spirent Communications Price Performance

SPT stock traded down GBX 2.01 ($0.03) during mid-day trading on Tuesday, hitting GBX 171.59 ($2.16). The company had a trading volume of 172,377 shares, compared to its average volume of 3,849,736. The company has a market capitalization of £981.21 million, a price-to-earnings ratio of 8,680.00, a P/E/G ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a 12-month low of GBX 102.30 ($1.28) and a 12-month high of GBX 203.80 ($2.56). The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.26. The company has a 50-day moving average price of GBX 171.63 and a 200 day moving average price of GBX 177.22.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Spirent Communications from GBX 344 ($4.32) to GBX 321 ($4.03) and set an “overweight” rating for the company in a report on Monday, September 16th. Canaccord Genuity Group raised shares of Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.50) target price for the company in a research report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 225 ($2.83) target price on shares of Spirent Communications in a research report on Friday.

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.