Insider Buying: BAE Systems (LON:BA) Insider Buys 8 Shares of Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 8 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of GBX 1,877 per share, with a total value of £150.16.

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

• On Friday, June 5th, Brad Greve purchased 2,760 shares of BAE Systems stock. The stock was acquired at an average price of GBX 1,909 per share, for a total transaction of £52,688.40.

BAE Systems Trading Down 4.7%

BA stock traded down GBX 90.50 during midday trading on Tuesday, reaching GBX 1,820.50. 8,650,650 shares of the company’s stock traded hands. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. BAE Systems plc has a fifty-two week low of GBX 1,012.50 and a fifty-two week high of GBX 1,415.25. The business has a 50-day moving average price of GBX 2,045.82 and a two-hundred day moving average price of GBX 1,992.35. The company has a market capitalization of £56.36 billion, a P/E ratio of 31.23, a PEG ratio of 3.33 and a beta of 0.01.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Berenberg Bank increased their price target on BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a report on Thursday, March 5th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,200 target price on shares of BAE Systems in a research report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, BAE Systems currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,228.

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.