Insider Selling: BAE Systems plc (LON:BA) Insider Sells 155,717 Shares of Stock

BAE Systems plc (LON:BA - Get Free Report) insider Tom Arseneault sold 155,717 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 1,557 ($20.22), for a total transaction of £2,424,513.69 ($3,149,128.06).

BAE Systems Stock Performance

LON BA traded down GBX 20.50 ($0.27) during trading hours on Tuesday, reaching GBX 1,636.50 ($21.26). 8,159,135 shares of the company were exchanged. The stock has a market capitalization of £50.66 billion, a P/E ratio of 28.08, 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 ($13.15) and a 1 year high of GBX 1,415.25 ($18.38). The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The business's 50 day simple moving average is GBX 1,313.01 and its 200-day simple moving average is GBX 1,285.27.

BAE Systems (LON:BA - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. On average, equities research analysts expect that BAE Systems plc will post 73.537927 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on BA. JPMorgan Chase & Co. increased their price target on BAE Systems from GBX 1,630 ($21.17) to GBX 1,725 ($22.41) and gave the stock an "overweight" rating in a report on Monday, March 3rd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,440 ($18.70) target price on shares of BAE Systems in a research note on Wednesday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 1,510 ($19.61) price target on shares of BAE Systems in a research note on Thursday, February 20th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, BAE Systems presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,528.75 ($19.86).

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BAE Systems Company Profile

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.