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Spirent Communications ( (GB:SPT) ) has provided an update.
Spirent Communications announced a transaction involving its CFO, Paula Bell, who purchased shares under the Spirent UK Employee Share Purchase Plan. The transaction involved buying 130 shares at a price of GBP 1.924 each, increasing her total holding to 848,644 shares. This move reflects confidence in the company’s future prospects and aligns with employee investment initiatives.
The most recent analyst rating on (GB:SPT) stock is a Buy with a £2.25 price target. To see the full list of analyst forecasts on Spirent Communications stock, see the GB:SPT Stock Forecast page.
Spark’s Take on GB:SPT Stock
According to Spark, TipRanks’ AI Analyst, GB:SPT is a Neutral.
Spirent Communications’ stock score reflects a strong balance sheet and positive corporate activities, tempered by challenges in profitability and valuation concerns. Technical indicators show moderate momentum, but high P/E ratio raises valuation concerns, impacting the overall score.
To see Spark’s full report on GB:SPT stock, click here.
More about Spirent Communications
Spirent Communications is a company operating in the telecommunications industry, providing testing, assurance, and analytics solutions for next-generation devices and networks.
Average Trading Volume: 2,108,951
Technical Sentiment Signal: Buy
Current Market Cap: £1.11B
For an in-depth examination of SPT stock, go to TipRanks’ Overview page.