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

Spirent Communications plc (LON:SPT) insider Paula Bell bought 66 shares of the stock in a transaction on Monday, March 24th. The stock was purchased at an average cost of GBX 188 ($2.43) per share, with a total value of £124.08 ($160.33).

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 ($319,811.35).
• On Monday, February 24th, Paula Bell acquired 67 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 187 ($2.42) per share, for a total transaction of £125.29 ($161.89).
• On Friday, January 24th, Paula Bell purchased 69 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 182 ($2.35) per share, for a total transaction of £125.58 ($162.27).

Spirent Communications Stock Up 0.4 %

Shares of LON SPT traded up GBX 0.70 ($0.01) during midday trading on Tuesday, reaching GBX 190.10 ($2.46). The company’s stock had a trading volume of 259,837 shares, compared to its average volume of 1,984,977. Spirent Communications plc has a fifty-two week low of GBX 166.20 ($2.15) and a fifty-two week high of GBX 203.80 ($2.63). The stock has a 50 day simple moving average of GBX 184.89 and a 200-day simple moving average of GBX 177.58. The stock has a market capitalization of £1.36 billion, a price-to-earnings ratio of 102.76, a PEG ratio of 5.73 and a beta of 0.57. The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SPT shares. Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 199 ($2.57) target price on shares of Spirent Communications in a research note on Monday, December 2nd. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 199 ($2.57) target price on shares of Spirent Communications in a research note on Thursday, January 16th.

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.