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 stock in a transaction that occurred on Tuesday, March 18th. The shares were 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 acquired 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 acquired 69 shares of Spirent Communications stock. The shares were acquired at an average cost of GBX 182 ($2.37) per share, for a total transaction 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 cost of GBX 177 ($2.30) per share, for a total transaction of £123.90 ($161.08).

Spirent Communications Trading Down 0.1 %

Shares of SPT traded down GBX 0.20 ($0.00) on Wednesday, hitting GBX 188.30 ($2.45). 1,244,694 shares of the stock traded hands, compared to its average volume of 1,899,548. The firm has a market capitalization of £1.35 billion, a P/E ratio of 101.79, a P/E/G ratio of 5.73 and a beta of 0.57. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.25. Spirent Communications plc has a 1 year low of GBX 166.20 ($2.16) and a 1 year high of GBX 203.80 ($2.65). The stock’s 50 day moving average is GBX 183.73 and its two-hundred day moving average is GBX 177.26.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SPT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 225 ($2.93) target price on shares of Spirent Communications in a research note on Friday, November 22nd. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 199 ($2.59) price objective on shares of Spirent Communications in a report on Thursday, January 16th. Finally, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 199 ($2.59) target price on shares of Spirent Communications in a research report on Monday, December 2nd.

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.