BAE Systems plc (LON:BA) Insider Buys £148.92 in Stock

BAE Systems plc (LON:BA) insider Brad Greve acquired 12 shares of the company’s stock in a transaction on Monday, February 17th. The stock was acquired at an average price of GBX 1,241 ($15.66) per share, for a total transaction of £148.92 ($187.89).

Brad Greve also recently made the following trade(s):

• On Tuesday, January 14th, Brad Greve bought 13 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 1,187 ($14.98) per share, for a total transaction of £154.31 ($194.69).
• On Monday, December 16th, Brad Greve bought 12 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 1,205 ($15.20) per share, for a total transaction of £144.60 ($182.44).

BAE Systems Price Performance

LON:BA traded up GBX 110 ($1.39) during trading hours on Tuesday, reaching GBX 1,338 ($16.88). 8,107,620 shares of the company were exchanged. The company has a market capitalization of £41.42 billion, a P/E ratio of 22.95, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 1-year low of GBX 1,012.50 ($12.77) and a 1-year high of GBX 1,415.25 ($17.86). The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The business has a 50 day moving average of GBX 1,193.76 and a 200 day moving average of GBX 1,263.28.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,440 ($18.17) target price on shares of BAE Systems in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, BAE Systems currently has an average rating of “Moderate Buy” and an average target price of GBX 1,454 ($18.34).

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.