Insider Buying: BAE Systems plc (LON:BA) Insider Purchases £148.92 in Stock

BAE Systems plc (LON:BA) insider Brad Greve purchased 12 shares of the company’s stock in a transaction dated Monday, February 17th. The shares were purchased at an average price of GBX 1,241 ($15.72) per share, for a total transaction of £148.92 ($188.70).

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

• On Tuesday, January 14th, Brad Greve acquired 13 shares of BAE Systems stock. The stock was acquired at an average cost of GBX 1,187 ($15.04) per share, for a total transaction of £154.31 ($195.53).
• On Monday, December 16th, Brad Greve bought 12 shares of BAE Systems stock. The shares were acquired at an average cost of GBX 1,205 ($15.27) per share, with a total value of £144.60 ($183.22).

BAE Systems Stock Performance

BA opened at GBX 1,345 ($17.04) on Friday. The stock’s 50 day simple moving average is GBX 1,202.63 and its 200 day simple moving average is GBX 1,264.73. The stock has a market cap of £41.64 billion, a P/E ratio of 23.07, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 1-year low of GBX 1,012.50 ($12.83) and a 1-year high of GBX 1,415.25 ($17.93). The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.

BAE Systems (LON:BA) last announced its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.87) earnings per share for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. As a group, equities analysts anticipate that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BA shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,510 ($19.13) price target on shares of BAE Systems in a research note on Thursday. Berenberg Bank restated a “buy” rating and set a GBX 1,440 ($18.25) target price on shares of BAE Systems in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 1,468 ($18.60).

About BAE Systems

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.