Insider Buying: BAE Systems plc (LON:BA) Insider Buys 12 Shares of Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 12 shares of BAE Systems stock in a transaction on Monday, February 17th. The stock was acquired at an average cost of GBX 1,241 ($15.66) per share, for a total transaction of £148.92 ($187.89).

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

• On Tuesday, January 14th, Brad Greve bought 13 shares of BAE Systems stock. The stock was acquired at an average cost of GBX 1,187 ($14.98) per share, for a total transaction of £154.31 ($194.69).
• On Monday, December 16th, Brad Greve bought 12 shares of BAE Systems stock. The stock was acquired at an average cost of GBX 1,205 ($15.20) per share, for a total transaction of £144.60 ($182.44).

BAE Systems Trading Up 9.0 %

Shares of BA stock traded up GBX 110 ($1.39) during mid-day trading on Tuesday, hitting GBX 1,338 ($16.88). The company’s stock had a trading volume of 8,107,620 shares. The company’s fifty day simple moving average is GBX 1,193.76 and its 200-day simple moving average is GBX 1,263.28. BAE Systems plc has a 52 week low of GBX 1,012.50 ($12.77) and a 52 week high of GBX 1,415.25 ($17.86). The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. The company has a market cap of £41.42 billion, a PE ratio of 22.95, a P/E/G ratio of 3.33 and a beta of 0.33.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,440 ($18.17) price target on shares of BAE Systems in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,454 ($18.34).

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.