Paula Bell Sells 131,650 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell sold 131,650 shares of the business’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of GBX 188 ($2.44), for a total value of £247,502 ($321,765.47).

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

• On Monday, February 24th, Paula Bell bought 67 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 187 ($2.43) per share, for a total transaction of £125.29 ($162.88).
• On Friday, January 24th, Paula Bell purchased 69 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 182 ($2.37) per share, with a total value of £125.58 ($163.26).
• On Tuesday, December 24th, Paula Bell acquired 70 shares of Spirent Communications stock. The stock was purchased at an average price of GBX 177 ($2.30) per share, for a total transaction of £123.90 ($161.08).

Spirent Communications Stock Down 0.1 %

Shares of LON SPT traded down GBX 0.20 ($0.00) during mid-day trading on Wednesday, reaching GBX 188.30 ($2.45). The company had a trading volume of 1,244,694 shares, compared to its average volume of 1,899,548. The firm has a 50 day simple moving average of GBX 183.73 and a two-hundred day simple moving average of GBX 177.26. Spirent Communications plc has a 52-week low of GBX 166.20 ($2.16) and a 52-week high of GBX 203.80 ($2.65). The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25. The stock has a market cap of £1.35 billion, a P/E ratio of 101.79, a PEG ratio of 5.73 and a beta of 0.57.

Wall Street Analysts Forecast Growth

SPT has been the topic of several recent analyst reports. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 199 ($2.59) target price on shares of Spirent Communications in a report on Thursday, January 16th. Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 199 ($2.59) price objective on shares of Spirent Communications in a research report on Monday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 225 ($2.93) target price on shares of Spirent Communications in a research report on Friday, November 22nd.

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.