Brad Greve Purchases 9 Shares of BAE Systems (LON:BA) Stock

Key Points

• Insider Brad Greve of BAE Systems plc purchased 9 shares at an average cost of GBX 1,780 ($24.14) each, totaling £160.20 ($217.25) on August 14th.
• BAE Systems' stock experienced a slight decline of 0.8%, trading at GBX 1,760 ($23.87), with a market capitalization of £54.49 billion and a P/E ratio of 30.19.
• Analysts have issued mixed ratings for BAE Systems, with Deutsche Bank maintaining a buy rating and a target price of GBX 2,170 ($29.43), while Berenberg Bank opted for a hold rating and a price target of GBX 1,770 ($24.00).

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve purchased 9 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was bought at an average price of GBX 1,780 per share, for a total transaction of £160.20.

Brad Greve also recently made the following trade(s):

• On Monday, June 16th, Brad Greve purchased 7 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,943 per share, for a total transaction of £136.01.

BAE Systems Stock Up 0.3%

Shares of LON:BA traded up GBX 4.50 on Friday, reaching GBX 1,764. The company had a trading volume of 2,601,210 shares. BAE Systems plc has a 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25. The firm's 50 day simple moving average is GBX 1,842.65 and its 200-day simple moving average is GBX 1,697.17. The firm has a market capitalization of £54.61 billion, a PE ratio of 30.26, a PEG ratio of 3.33 and a beta of 0.33. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02.

BAE Systems (LON:BA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX 34.70 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. As a group, analysts expect that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Analyst Ratings Changes

BA has been the subject of a number of recent analyst reports. Citigroup raised their price objective on BAE Systems from GBX 2,145 to GBX 2,192 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Berenberg Bank reaffirmed a "hold" rating and set a GBX 1,770 price target on shares of BAE Systems in a research report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 2,170 price target on shares of BAE Systems in a research report on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,964.25.

About BAE Systems

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.