BAE Systems (LON:BA) Insider Brad Greve Acquires 2,760 Shares

BAE Systems plc (LON:BA) insider Brad Greve bought 2,760 shares of BAE Systems stock in a transaction on Friday, June 5th. The shares were purchased at an average cost of GBX 1,909 per share, with a total value of £52,688.40.

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

• On Monday, March 16th, Brad Greve bought 6 shares of BAE Systems stock. The shares were purchased at an average cost of GBX 2,316 per share, with a total value of £138.96.

BAE Systems Price Performance

Shares of BAE Systems stock traded up GBX 19.50 during mid-day trading on Tuesday, reaching GBX 1,950. 3,272,371 shares of the stock traded hands. The business has a 50-day moving average of GBX 2,068.02 and a 200 day moving average of GBX 1,985.11. 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 stock has a market capitalization of £60.37 billion, a PE ratio of 33.45, a PEG ratio of 3.33 and a beta of 0.01. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BA shares. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,200 price target on shares of BAE Systems in a research report on Thursday, May 7th. Berenberg Bank upped their price target on BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a research report on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, BAE Systems currently has an average rating of “Moderate Buy” and an average 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.