BAE Systems plc Insider Purchase: £148.92 in Stock

Insider Brad Greve has recently purchased shares in BAE Systems plc (LON:BA). On February 17th, Greve acquired 12 shares at an average price of GBX 1,241 ($15.66) per share, totaling £148.92 ($187.89).

Previous Insider Trades

Greve has also engaged in other stock transactions in recent months:

• On January 14th, 2023, he purchased 13 shares at an average cost of GBX 1,187 ($14.98), which amounted to £154.31 ($194.69).
• On December 16th, 2022, he bought 12 shares at an average price of GBX 1,205 ($15.20), totaling £144.60 ($182.44).

Current BAE Systems Stock Performance

During trading on Tuesday, shares of BAE Systems (LON:BA) increased by GBX 110 ($1.39), bringing the stock price to GBX 1,338 ($16.88). In total, 8,107,620 shares exchanged hands that day. BAE Systems has a market capitalization of £41.42 billion, a P/E ratio of 22.95, and a P/E/G ratio of 3.33. The company exhibits a beta value of 0.33. Over the past year, BAE Systems shares have fluctuated, achieving a low of GBX 1,012.50 ($12.77) and a high of GBX 1,415.25 ($17.86). Other key financial ratios include a debt-to-equity ratio of 94.02, a current ratio of 1.03, and a quick ratio of 0.91. The stock's 50-day moving average stands at GBX 1,193.76, while the 200-day moving average is GBX 1,263.28.

Analyst Recommendations

In recent analyst reports, Berenberg Bank has maintained a "buy" rating on BAE Systems, setting a target price of GBX 1,440 ($18.17) per share. Currently, one analyst has rated the stock as hold, while five analysts advocate a buy recommendation. According to MarketBeat, BAE Systems holds an average rating of "Moderate Buy" with an average target price of GBX 1,454 ($18.34).

About BAE Systems plc

BAE Systems plc specializes in providing defense, aerospace, and security solutions globally. The company operates through various segments, including Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence.

BAE, stocks, insider