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

Spirent Communications plc (LON:SPT) insider Eric G. Hutchinson acquired 244 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was acquired at an average price of GBX 102 ($1.34) per share, for a total transaction of £248.88 ($327.34).

Spirent Communications plc (LON SPT) traded down GBX 0.25 ($0.00) during midday trading on Monday, hitting GBX 103 ($1.35). The company had a trading volume of 139,544 shares, compared to its average volume of 518,610. Spirent Communications plc has a one year low of GBX 75.75 ($1.00) and a one year high of GBX 130.25 ($1.71).

A number of equities research analysts have recently weighed in on the company. Goldman Sachs Group Inc reiterated a “neutral” rating and issued a GBX 110 ($1.45) price objective on shares of Spirent Communications in a research report on Thursday, September 14th. J P Morgan Chase & Co cut their price objective on Spirent Communications from GBX 145 ($1.91) to GBX 140 ($1.84) and set a “buy” rating on the stock in a research report on Friday, September 8th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 145 ($1.91) price objective on shares of Spirent Communications in a research report on Friday, August 4th. N+1 Singer reiterated a “hold” rating on shares of Spirent Communications in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC cut their price objective on Spirent Communications from GBX 145 ($1.91) to GBX 140 ($1.84) and set a “buy” rating on the stock in a research report on Friday, September 8th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Spirent Communications has a consensus rating of “Hold” and a consensus target price of GBX 125.90 ($1.66).

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Spirent Communications Company Profile

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)

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