Charles Woodburn Buys 7 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA - Get Free Report) insider Charles Woodburn bought 7 shares of BAE Systems stock in a transaction dated Tuesday, June 17th. The shares were bought at an average cost of GBX 1,943 ($26.08) per share, for a total transaction of £136.01 ($182.59).

Charles Woodburn also recently made the following trade(s):

• On Wednesday, May 14th, Charles Woodburn purchased 9 shares of BAE Systems stock. The shares were purchased at an average cost of GBX 1,701 ($22.84) per share, with a total value of £153.09 ($205.52).
• On Monday, April 14th, Charles Woodburn acquired 9 shares of BAE Systems stock. The shares were purchased at an average price of GBX 1,693 ($22.73) per share, with a total value of £152.37 ($204.55).
• On Friday, March 28th, Charles Woodburn sold 877,344 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,565 ($21.01), for a total value of £13,730,433.60 ($18,432,586.39).

BAE Systems Price Performance

LON:BA traded up GBX 3 ($0.04) during trading hours on Wednesday, hitting GBX 1,931 ($25.92). The stock had a trading volume of 4,732,940 shares. The firm has a market capitalization of £59.78 billion, a price-to-earnings ratio of 33.13, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a one year low of GBX 1,012.50 ($13.59) and a one year high of GBX 1,415.25 ($19.00). The company has a 50 day simple moving average of GBX 1,781.84 and a two-hundred day simple moving average of GBX 1,486.93. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of BAE Systems from GBX 1,510 ($20.27) to GBX 1,900 ($25.51) and gave the stock a "buy" rating in a research report on Friday, April 25th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,440 ($19.33) target price on shares of BAE Systems in a report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. increased their price target on BAE Systems from GBX 1,630 ($21.88) to GBX 1,725 ($23.16) and gave the stock an "overweight" rating in a report on Monday, March 3rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,626.25 ($21.83).

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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