Insider Buying: BAE Systems plc (LON:BA) Insider Purchases £144.60 in Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 12 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were purchased at an average cost of GBX 1,205 ($15.06) per share, with a total value of £144.60 ($180.73).

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

• On Thursday, November 14th, Brad Greve purchased 11 shares of BAE Systems stock. The stock was acquired at an average price of GBX 1,341 ($16.76) per share, with a total value of £147.51 ($184.36).

BAE Systems Price Performance

Shares of LON:BA opened at GBX 1,166 ($14.57) on Friday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37. The stock has a market capitalization of £35.21 billion, a PE ratio of 1,943.33, a PEG ratio of 3.33 and a beta of 0.33. The firm has a 50 day moving average of GBX 1,282.44 and a 200-day moving average of GBX 1,299.59. BAE Systems plc has a 12 month low of GBX 1,012.50 ($12.65) and a 12 month high of GBX 1,415.25 ($17.69).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,440 ($18.00) price objective on shares of BAE Systems in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 1,454 ($18.17).

About BAE Systems

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.