Spirent Communications (LON:SPT) Insider Paula Bell Acquires 64 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 64 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The stock was acquired at an average cost of GBX 196 per share, with a total value of £125.44.

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

• On Tuesday, August 26th, Paula Bell bought 63 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 197 per share, for a total transaction of £124.11.

Spirent Communications Price Performance

Spirent Communications stock opened at GBX 196 on Friday. The firm has a market capitalization of £1.14 billion, a P/E ratio of 15,806.45, a PEG ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a one year low of GBX 165 and a one year high of GBX 200. The company has a debt-to-equity ratio of 5.25, a current ratio of 1.82 and a quick ratio of 1.95. The business has a fifty day moving average price of GBX 195.72 and a 200-day moving average price of GBX 190.96.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered Spirent Communications to a “hold” rating and set a GBX 199 target price for the company. in a report on Monday, August 18th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 207.67.

Spirent Communications Company Profile

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.