Spirent Communications plc (LON:SPT) Insider Buys £124.08 in Stock

Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell purchased 66 shares of Spirent Communications stock in a transaction dated Monday, March 24th. The stock was bought at an average cost of GBX 188 ($2.43) per share, for a total transaction of £124.08 ($160.60).

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

• On Tuesday, March 18th, Paula Bell sold 131,650 shares of Spirent Communications stock. The shares were sold at an average price of GBX 188 ($2.43), for a total transaction of £247,502 ($320,349.47).
• On Monday, February 24th, Paula Bell purchased 67 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 187 ($2.42) per share, for a total transaction of £125.29 ($162.17).
• On Friday, January 24th, Paula Bell acquired 69 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 182 ($2.36) per share, with a total value of £125.58 ($162.54).

Spirent Communications Stock Up 0.6 %

Shares of Spirent Communications stock traded up GBX 1.10 ($0.01) during trading hours on Friday, hitting GBX 189.50 ($2.45). The company had a trading volume of 3,419,328 shares, compared to its average volume of 2,162,914. The company's 50-day moving average is GBX 185.96 and its two-hundred day moving average is GBX 177.96. Spirent Communications plc has a twelve month low of GBX 166.20 ($2.15) and a twelve month high of GBX 200 ($2.59). The company has a debt-to-equity ratio of 5.25, a current ratio of 1.82 and a quick ratio of 1.95. The company has a market cap of £1.36 billion, a P/E ratio of 102.44, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57.

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Wall Street Analysts Forecast Growth

SPT has been the subject of several research reports. Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 199 ($2.58) price target on shares of Spirent Communications in a research note on Thursday, January 16th. Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 199 ($2.58) target price on shares of Spirent Communications in a report on Monday, December 2nd.

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.