Insider Buying: BAE Systems (LON:BA) Insider Buys 8 Shares of Stock

Key Points

• Insider Activity: BAE Systems insider Brad Greve purchased 8 shares of the company on October 14th for a total of £154.16, following previous acquisitions in September and August.
• Stock Performance: BAE Systems shares recently traded down 2.7% to GBX 1,901, with a market capitalization of £58.85 billion and a 52-week low of GBX 1,012.50.
• Analyst Ratings: The stock has an average rating of "Moderate Buy," with four analysts recommending a buy and one a hold, while Deutsche Bank raised its price target to GBX 2,220.

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve purchased 8 shares of the business's stock in a transaction that occurred on Tuesday, October 14th. The shares were purchased at an average price of GBX 1,927 per share, for a total transaction of £154.16.

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

• On Monday, September 15th, Brad Greve purchased 7 shares of BAE Systems stock. The shares were purchased at an average price of GBX 2,008 per share, for a total transaction of £140.56.
• On Thursday, August 14th, Brad Greve purchased 9 shares of BAE Systems stock. The shares were purchased at an average price of GBX 1,780 per share, for a total transaction of £160.20.

BAE Systems Trading Down 2.7%

LON:BA traded down GBX 53.50 during mid-day trading on Thursday, hitting GBX 1,901. 3,866,710 shares of the stock traded hands. The stock has a market capitalization of £58.85 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 3.33 and a beta of 0.33. 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 moving average is GBX 1,877.31 and its two-hundred day moving average is GBX 1,821.66. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02.

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

Analyst Ratings Changes

BA has been the subject of a number of analyst reports. Morgan Stanley reissued an "overweight" rating on shares of BAE Systems in a research report on Friday, September 5th. Deutsche Bank Aktiengesellschaft raised their price target on shares of BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a "buy" rating in a research report on Friday, September 12th. Citigroup raised their price target on shares of BAE Systems from GBX 2,145 to GBX 2,192 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Berenberg Bank restated a "hold" rating and set a GBX 1,770 price target on shares of BAE Systems in a research report on Wednesday, July 30th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 1,976.75.

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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