Insider Buying: Spirent Communications plc (LON:SPT) Insider Acquires 66 Shares of Stock

Spirent Communications plc (LON:SPT) insider Paula Bell bought 66 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were bought at an average price of GBX 188 ($2.42) per share, with a total value of £124.08 ($159.75).

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

• On Tuesday, March 18th, Paula Bell sold 131,650 shares of Spirent Communications stock. The stock was sold at an average price of GBX 188 ($2.42), for a total transaction of £247,502 ($318,658.43).
• On Monday, February 24th, Paula Bell acquired 67 shares of Spirent Communications stock. The shares were bought at an average cost of GBX 187 ($2.41) per share, with a total value of £125.29 ($161.31).
• On Friday, January 24th, Paula Bell bought 69 shares of Spirent Communications stock. The shares were purchased at an average cost of GBX 182 ($2.34) per share, for a total transaction of £125.58 ($161.68).

Spirent Communications Stock Down 0.3 %

LON SPT opened at GBX 188.50 ($2.43) on Thursday. Spirent Communications plc has a 1-year low of GBX 166.20 ($2.14) and a 1-year high of GBX 203.80 ($2.62). The company has a market capitalization of £1.35 billion, a price-to-earnings ratio of 101.90, a PEG ratio of 5.73 and a beta of 0.57. The stock’s 50 day moving average is GBX 185.47 and its two-hundred day moving average is GBX 177.77. The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25.

Analyst Ratings Changes

SPT has been the subject of a number of research reports. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.56) price objective on shares of Spirent Communications in a research report on Monday, December 2nd. Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 199 ($2.56) price target 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.