Spirent Communications plc (LON:SPT) Insider Acquires £124.83 in Stock

Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell bought 73 shares of the stock in a transaction dated Monday, November 25th. The stock was bought at an average cost of GBX 171 ($2.15) per share, for a total transaction of £124.83 ($156.92).

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

  • On Thursday, October 24th, Paula Bell purchased 73 shares of Spirent Communications stock. The stock was acquired at an average cost of GBX 172 ($2.16) per share, with a total value of £125.56 ($157.84).

Spirent Communications Stock Down 1.3 %

Shares of SPT opened at GBX 171.30 ($2.15) on Wednesday. The firm has a market cap of £979.58 million, a P/E ratio of 8,579.30, a PEG ratio of 5.73 and a beta of 0.57. The stock's 50 day moving average is GBX 171.63 and its two-hundred day moving average is GBX 177.22. The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.26. Spirent Communications plc has a 12 month low of GBX 102.30 ($1.29) and a 12 month high of GBX 203.80 ($2.56).

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SPT shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 225 ($2.83) price target on shares of Spirent Communications in a report on Friday, November 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Spirent Communications from GBX 344 ($4.32) to GBX 321 ($4.04) and set an "overweight" rating on the stock in a research note on Monday, September 16th. Finally, Canaccord Genuity Group upgraded Spirent Communications to a "speculative buy" rating and set a GBX 199 ($2.50) target price on the stock in a research note on Wednesday, August 7th.


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Read Our Latest Stock Report on Spirent Communications

Spirent Communications Company Profile

(Get Free Report)

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.

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