BAE Systems plc (LON:BA) Insider Brad Greve Purchases 12 Shares

BAE Systems plc (LON:BA) insider Brad Greve acquired 12 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of GBX 1,205 ($15.29) per share, with a total value of £144.60 ($183.46).

Brad Greve also recently made the following trade(s):

• On Thursday, November 14th, Brad Greve acquired 11 shares of BAE Systems stock. The shares were purchased at an average cost of GBX 1,341 ($17.01) per share, with a total value of £147.51 ($187.15).

BAE Systems Price Performance

Shares of BA stock traded down GBX 2 ($0.03) on Tuesday, reaching GBX 1,197 ($15.19). The company had a trading volume of 6,613,097 shares. The stock has a market capitalization of £36.15 billion, a PE ratio of 1,998.33, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.37. BAE Systems plc has a one year low of GBX 1,012.50 ($12.85) and a one year high of GBX 1,415.25 ($17.96). The business’s 50-day moving average is GBX 1,289.54 and its 200 day moving average is GBX 1,302.63.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,440 ($18.27) price objective on shares of BAE Systems in a research report on Tuesday, December 10th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, BAE Systems currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,454 ($18.45).

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.