Spirent Communications Plc (SPT) Insider Eric G. Hutchinson Acquires 244 Shares

Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson purchased 244 shares of the business’s stock in a transaction on Wednesday, December 27th. The shares were bought at an average cost of GBX 103 ($1.38) per share, for a total transaction of £251.32 ($336.03).

Shares of Spirent Communications Plc (LON SPT) opened at GBX 103 ($1.38) on Thursday. The firm has a market cap of $630.59 and a price-to-earnings ratio of -2,575.00. Spirent Communications Plc has a fifty-two week low of GBX 89.50 ($1.20) and a fifty-two week high of GBX 130.25 ($1.74).

SPT has been the subject of several recent research reports. Liberum Capital reissued a “buy” rating and issued a GBX 134 ($1.79) price objective on shares of Spirent Communications in a research report on Friday, November 10th. Goldman Sachs Group reissued a “neutral” rating and issued a GBX 110 ($1.47) price objective on shares of Spirent Communications in a research report on Thursday, September 14th. Jefferies Group dropped their price objective on shares of Spirent Communications from GBX 145 ($1.94) to GBX 140 ($1.87) and set a “buy” rating for the company in a research report on Friday, September 8th. Berenberg Bank reissued a “hold” rating on shares of Spirent Communications in a research report on Monday, November 20th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Spirent Communications from GBX 145 ($1.94) to GBX 140 ($1.87) and set a “buy” rating for the company in a research report on Friday, September 8th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Spirent Communications has an average rating of “Hold” and an average target price of GBX 125.90 ($1.68).

TRADEMARK VIOLATION WARNING: This piece was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://theolympiareport.com/2017/12/28/spirent-communications-plc-spt-insider-eric-g-hutchinson-acquires-244-shares.html.

About Spirent Communications

Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.

Insider Buying and Selling by Quarter for Spirent Communications (LON:SPT)

Receive News & Ratings for Spirent Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirent Communications and related companies with MarketBeat.com's FREE daily email newsletter.


 Comment on this Post

Latest News

Spirent Communications Plc (SPT) Insider Eric G. Hutchinson Acquires 244 Shares

Spirent Communications Plc (LON:SPT) insider Eric G. Hutchinson purchased 244 shares of the business’s stock in a transaction on Wednesday, December 27th. The shares were bought at an average cost of GBX 103 ($1.38) per share, for a total transaction of £251.32 ($336.03).

Shares of Spirent Communications Plc (LON SPT) opened at GBX 103 ($1.38) on Thursday. The firm has a market cap of $630.59 and a price-to-earnings ratio of -2,575.00. Spirent Communications Plc has a fifty-two week low of GBX 89.50 ($1.20) and a fifty-two week high of GBX 130.25 ($1.74).

SPT has been the subject of several recent research reports. Liberum Capital reissued a “buy” rating and issued a GBX 134 ($1.79) price objective on shares of Spirent Communications in a research report on Friday, November 10th. Goldman Sachs Group reissued a “neutral” rating and issued a GBX 110 ($1.47) price objective on shares of Spirent Communications in a research report on Thursday, September 14th. Jefferies Group dropped their price objective on shares of Spirent Communications from GBX 145 ($1.94) to GBX 140 ($1.87) and set a “buy” rating for the company in a research report on Friday, September 8th. Berenberg Bank reissued a “hold” rating on shares of Spirent Communications in a research report on Monday, November 20th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Spirent Communications from GBX 145 ($1.94) to GBX 140 ($1.87) and set a “buy” rating for the company in a research report on Friday, September 8th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Spirent Communications has an average rating of “Hold” and an average target price of GBX 125.90 ($1.68).

TRADEMARK VIOLATION WARNING: This piece was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://theolympiareport.com/2017/12/28/spirent-communications-plc-spt-insider-eric-g-hutchinson-acquires-244-shares.html.

About Spirent Communications

Spirent Communications plc enables service provider networks, data centers, enterprise information technology (IT), mobile communications, connected vehicles or the Internet of Things to communicate and collaborate. The Company’s segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.

Insider Buying and Selling by Quarter for Spirent Communications (LON:SPT)

Receive News & Ratings for Spirent Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirent Communications and related companies with MarketBeat.com's FREE daily email newsletter.


 Comment on this Post

Latest News