Insider Buying: Spirent Communications plc (LON:SPT) Insider Buys 65 Shares of Stock

Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell bought 65 shares of the stock in a transaction on Tuesday, June 24th. The stock was purchased at an average cost of GBX 192 ($2.63) per share, with a total value of £124.80 ($171.26).

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

• On Tuesday, May 27th, Paula Bell bought 65 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 191 ($2.62) per share, with a total value of £124.15 ($170.37).

Spirent Communications Stock Up 0.5%

Shares of SPT stock traded up GBX 1 ($0.01) during trading hours on Friday, hitting GBX 194.80 ($2.67). 2,682,588 shares of the company were exchanged, compared to its average volume of 2,304,374. The business has a 50 day moving average of GBX 189.94 and a two-hundred day moving average of GBX 184.74. The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25. Spirent Communications plc has a 52 week low of GBX 165 ($2.26) and a 52 week high of GBX 198.80 ($2.73). The company has a market capitalization of £1.40 billion, a PE ratio of 105.30, a PEG ratio of 5.73 and a beta of 0.57.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 199 ($2.73) target price on shares of Spirent Communications in a research note on Wednesday, May 7th.

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.