Paula Bell Buys 66 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 66 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The stock was acquired at an average price of GBX 188 ($2.43) per share, with a total value of £124.08 ($160.64).

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

• On Tuesday, March 18th, Paula Bell sold 131,650 shares of Spirent Communications stock. The shares were sold at an average price of GBX 188 ($2.43), for a total transaction of £247,502 ($320,432.42).
• On Monday, February 24th, Paula Bell purchased 67 shares of Spirent Communications stock. The shares were acquired at an average price of GBX 187 ($2.42) per share, for a total transaction of £125.29 ($162.21).
• On Friday, January 24th, Paula Bell acquired 69 shares of Spirent Communications stock. The stock was bought at an average price of GBX 182 ($2.36) per share, with a total value of £125.58 ($162.58).

Spirent Communications Stock Performance

Shares of Spirent Communications stock opened at GBX 188.10 ($2.44) on Friday. The business has a 50-day moving average price of GBX 185.70 and a two-hundred day moving average price of GBX 177.87. Spirent Communications plc has a 1-year low of GBX 166.20 ($2.15) and a 1-year high of GBX 203.80 ($2.64). The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25. The company has a market cap of £1.35 billion, a P/E ratio of 101.68, a PEG ratio of 5.73 and a beta of 0.57.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SPT shares. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.58) price target on shares of Spirent Communications in a research report on Thursday, January 16th. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 199 ($2.58) price objective on shares of Spirent Communications in a research note on Monday, December 2nd.

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.