Paula Bell Purchases 64 Shares of Spirent Communications (LON:SPT) Stock

Key Points

• Insider Paula Bell purchased a total of 64 shares of Spirent Communications at an average price of GBX 196 per share, totaling £125.44 on September 24th.
• Spirent Communications stock recently traded at GBX 195.61, with a market capitalization of £1.14 billion and a 1-year price range between GBX 165 and GBX 200.
• Analysts have given Spirent Communications a consensus rating of "Moderate Buy", with Canaccord Genuity recently downgrading it to a "hold" with a price target of GBX 199.

Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell purchased 64 shares of the firm's stock in a transaction on Wednesday, September 24th. The stock was bought at an average price of GBX 196 per share, for a total transaction of £125.44.

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

• On Tuesday, August 26th, Paula Bell purchased 63 shares of Spirent Communications stock. The shares were purchased at an average cost of GBX 197 per share, with a total value of £124.11.

Spirent Communications Trading Up 0.0%

Shares of Spirent Communications stock traded up GBX 0.01 during trading hours on Thursday, hitting GBX 195.61. The company's stock had a trading volume of 709,063 shares, compared to its average volume of 2,530,513. The business has a fifty day moving average of GBX 195.70 and a 200 day moving average of GBX 190.91. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.25. Spirent Communications plc has a 1-year low of GBX 165 and a 1-year high of GBX 200. The company has a market capitalization of £1.14 billion, a PE ratio of 15,774.92, a P/E/G ratio of 5.73 and a beta of 0.57.

Analyst Ratings Changes

Separately, Canaccord Genuity Group downgraded shares of Spirent Communications to a "hold" rating and set a GBX 199 price objective for the company. in a research report on Monday, August 18th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Spirent Communications presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 207.67.

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.

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