Spirent Communications plc (LON:SPT) Insider Paula Bell Buys 64 Shares

Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell acquired 64 shares of the firm's stock in a transaction on Wednesday, April 24th. The stock was purchased at an average cost of GBX 195 ($2.41) per share, for a total transaction of £124.80 ($154.15).

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

• On Monday, March 11th, Paula Bell sold 26,889 shares of Spirent Communications stock. The shares were sold at an average price of GBX 176 ($2.17), for a total value of £47,324.64 ($58,454.35).
• On Tuesday, February 27th, Paula Bell bought 112 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 112 ($1.38) per share, with a total value of £125.44 ($154.94).

Spirent Communications Stock Up 0.2 %

Shares of SPT stock traded up GBX 0.40 ($0.00) during midday trading on Thursday, reaching GBX 195 ($2.41). 561,754 shares of the stock were exchanged, compared to its average volume of 3,663,709. The company has a current ratio of 1.93, a quick ratio of 1.95 and a debt-to-equity ratio of 5.70. The firm has a market cap of £1.12 billion, a PE ratio of 6,488.20, a price-to-earnings-growth ratio of 5.73 and a beta of 0.53. The company's 50 day moving average is GBX 167.39 and its two-hundred day moving average is GBX 130.73. Spirent Communications plc has a 1 year low of GBX 79.75 ($0.99) and a 1 year high of GBX 203.80 ($2.52).

Analyst Upgrades and Downgrades

A number of brokerages have commented on SPT. Canaccord Genuity Group raised their price objective on Spirent Communications from GBX 172.50 ($2.13) to GBX 199 ($2.46) and gave the company a "hold" rating in a research note on Wednesday, April 10th. Numis Securities lifted their price target on Spirent Communications from GBX 155 ($1.91) to GBX 240 ($2.96) and gave the stock a "buy" rating in a report on Friday, March 8th.

About Spirent Communications

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.