BAE Systems (LON:BA) Insider Sells £896,924.80 in Stock

Key Points

• Insider sale: Tom Arseneault sold 44,140 shares at an average of GBX 2,032 on May 5, realizing £896,924.80.
• Stock and analyst snapshot: BA shares traded up ~2.1% to GBX 2,077 with a market cap of £64.3bn and a P/E of 35.6; analysts have a consensus Moderate Buy and an average price target of GBX 2,228 (four Buys, two Holds), with recent price-target upgrades from Berenberg and Jefferies.

BAE Systems plc (LON:BA - Get Free Report) insider Tom Arseneault sold 44,140 shares of the firm's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of GBX 2,032, for a total transaction of £896,924.80.

BAE Systems Stock Up 2.1%

BA stock traded up GBX 42.50 during midday trading on Wednesday, hitting GBX 2,077. The company's stock had a trading volume of 3,617,464 shares. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. BAE Systems plc has a twelve month low of GBX 1,012.50 and a twelve month high of GBX 1,415.25. The company's fifty day moving average price is GBX 2,195.43 and its 200 day moving average price is GBX 1,967.70. The stock has a market capitalization of £64.30 billion, a P/E ratio of 35.63, a PEG ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported GBX 75.20 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.28% and a return on equity of 18.23%. As a group, equities research analysts predict that BAE Systems plc will post 73.537927 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BA. Berenberg Bank lifted their price objective on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a "hold" rating in a research report on Thursday, March 5th. Jefferies Financial Group lifted their price objective on shares of BAE Systems from GBX 2,150 to GBX 2,200 and gave the company a "hold" rating in a research report on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 2,228.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.

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