Insider Buying: BAE Systems plc (BA) Insider Acquires 27 Shares of Stock

BAE Systems plc (LON:BA) insider Philip Bramwell purchased 27 shares of BAE Systems stock in a transaction dated Monday, October 15th. The stock was bought at an average price of GBX 566 ($7.40) per share, with a total value of £152.82 ($199.69).

Philip Bramwell also recently made the following trade(s):

  • On Tuesday, August 14th, Philip Bramwell purchased 24 shares of BAE Systems stock. The stock was bought at an average price of GBX 631 ($8.25) per share, with a total value of £151.44 ($197.88).

Shares of LON BA opened at GBX 576 ($7.53) on Wednesday. BAE Systems plc has a 12-month low of GBX 533.50 ($6.97) and a 12-month high of GBX 682.50 ($8.92).

The firm also recently announced a dividend, which will be paid on Friday, November 30th. Investors of record on Thursday, October 18th will be given a dividend of GBX 9 ($0.12) per share. The ex-dividend date of this dividend is Thursday, October 18th. This represents a yield of 1.41%.

A number of analysts have recently commented on BA shares. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 615 ($8.04) price target on shares of BAE Systems in a research note on Friday, July 13th. Morgan Stanley upgraded shares of BAE Systems to an “overweight” rating and boosted their target price for the company from GBX 550 ($7.19) to GBX 750 ($9.80) in a research report on Monday, August 13th. Deutsche Bank boosted their target price on shares of BAE Systems from GBX 708 ($9.25) to GBX 720 ($9.41) and gave the company a “buy” rating in a research report on Friday, September 28th. UBS Group restated a “buy” rating and set a GBX 720 ($9.41) target price on shares of BAE Systems in a research report on Wednesday, August 1st. Finally, Citigroup restated a “buy” rating and set a GBX 750 ($9.80) target price on shares of BAE Systems in a research report on Wednesday, September 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 689.73 ($9.01).

BAE Systems Company Profile

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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Insider Buying and Selling by Quarter for BAE Systems (LON:BA)

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