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

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 12 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average price of GBX 1,334 ($16.99) per share, with a total value of £160.08 ($203.85).

Charles Woodburn also recently made the following trade(s):

• On Tuesday, June 4th, Charles Woodburn sold 485,694 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,389 ($17.69), for a total value of £6,746,289.66 ($8,590,716.49).
• On Tuesday, May 14th, Charles Woodburn purchased 11 shares of BAE Systems stock. The stock was acquired at an average price of GBX 1,354 ($17.24) per share, with a total value of £148.94 ($189.66).
• On Monday, April 15th, Charles Woodburn purchased 11 shares of BAE Systems stock. The stock was acquired at an average price of GBX 1,347 ($17.15) per share, with a total value of £148.17 ($188.68).

BAE Systems Stock Performance

BAE Systems stock traded down GBX 48 ($0.61) during midday trading on Monday, hitting GBX 1,335 ($17.00). 4,535,553 shares of the company were exchanged. The company has a market cap of £40.45 billion, a price-to-earnings ratio of 2,225.00, a PEG ratio of 3.93 and a beta of 0.36. The stock’s fifty day simple moving average is GBX 1,355.75 and its two-hundred day simple moving average is GBX 1,249.93. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.08 and a quick ratio of 0.91.

Analyst Ratings Changes

BA has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on BAE Systems from GBX 1,300 ($16.55) to GBX 1,400 ($17.83) and gave the company an “overweight” rating in a research note on Thursday, February 22nd. Deutsche Bank Aktiengesellschaft increased their price target on BAE Systems from GBX 1,290 ($16.43) to GBX 1,440 ($18.34) and gave the company a “buy” rating in a research note on Friday, April 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,220 ($15.54) price objective on shares of BAE Systems in a report on Wednesday, February 21st. Barclays increased their price objective on BAE Systems from GBX 1,250 ($15.92) to GBX 1,450 ($18.46) and gave the company an “overweight” rating in a report on Tuesday, March 12th. Finally, Shore Capital reissued a “buy” rating on shares of BAE Systems in a report on Wednesday, February 21st. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,335 ($17.00).

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.