Spirent Communications plc (LON:SPT) Insider Purchases £124.15 in Stock

Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell bought 65 shares of the company's stock in a transaction on Tuesday, May 27th. The stock was bought at an average cost of GBX 191 ($2.59) per share, for a total transaction of £124.15 ($168.18).

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

• On Monday, March 24th, Paula Bell bought 66 shares of Spirent Communications stock. The stock was bought at an average cost of GBX 188 ($2.55) per share, for a total transaction of £124.08 ($168.08).
• On Tuesday, March 18th, Paula Bell sold 131,650 shares of Spirent Communications stock. The stock was sold at an average price of GBX 188 ($2.55), for a total value of £247,502 ($335,277.70).

Spirent Communications Stock Up 0.1%

Shares of SPT stock traded up GBX 0.16 ($0.00) during mid-day trading on Monday, hitting GBX 188.76 ($2.56). The company's stock had a trading volume of 896,724 shares, compared to its average volume of 2,401,980. Spirent Communications plc has a 52-week low of GBX 165 ($2.24) and a 52-week high of GBX 198.80 ($2.69). The business has a 50-day moving average price of GBX 185.30 and a 200 day moving average price of GBX 182.42. The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.95 and a current ratio of 1.82. The stock has a market cap of £1.35 billion, a price-to-earnings ratio of 102.04, a PEG ratio of 5.73 and a beta of 0.57.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 199 ($2.70) target price on shares of Spirent Communications in a report on Wednesday, May 7th.

Spirent Communications Company Profile

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.