Paula Bell Sells 131,650 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell sold 131,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of GBX 188 ($2.45), for a total transaction of £247,502 ($321,974.76).

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

• On Monday, February 24th, Paula Bell purchased 67 shares of Spirent Communications stock. The shares were acquired at an average price of GBX 187 ($2.43) per share, for a total transaction of £125.29 ($162.99).
• On Friday, January 24th, Paula Bell acquired 69 shares of Spirent Communications stock. The stock was acquired at an average cost of GBX 182 ($2.37) per share, with a total value of £125.58 ($163.37).
• On Tuesday, December 24th, Paula Bell bought 70 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 177 ($2.30) per share, for a total transaction of £123.90 ($161.18).

Spirent Communications Trading Down 0.1 %

Spirent Communications stock opened at GBX 188.30 ($2.45) on Thursday. Spirent Communications plc has a 52 week low of GBX 166.20 ($2.16) and a 52 week high of GBX 203.80 ($2.65). The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.95 and a current ratio of 1.82. The firm has a market capitalization of £1.35 billion, a PE ratio of 101.79, a PEG ratio of 5.73 and a beta of 0.57. The business’s 50-day simple moving average is GBX 184.06 and its 200-day simple moving average is GBX 177.33.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 199 ($2.59) price target on shares of Spirent Communications in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 225 ($2.93) target price on shares of Spirent Communications in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 199 ($2.59) price target on shares of Spirent Communications in a research report on Monday, December 2nd.

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.