BAE Systems plc Insider Brad Greve Buys 13 Shares

On January 14, 2025, Brad Greve, an insider at BAE Systems plc (LON:BA), acquired 13 shares of the company's stock. This purchase was made at an average price of GBX 1,187 ($14.44) per share, resulting in a total expenditure of £154.31 ($187.75).

Brad Greve has also made other recent transactions involving BAE Systems stock:

• On December 16, 2024, he bought 12 shares at an average price of GBX 1,205 ($14.66), costing him £144.60 ($175.93).
• On November 14, 2024, Greve purchased 11 shares at an average cost of GBX 1,341 ($16.32), amounting to £147.51 ($179.47).

Current BAE Systems Stock Performance

As of Friday, BAE Systems shares opened at GBX 1,222.50 ($14.87), showing an increase of 0.8%. The company maintains a quick ratio of 0.91 and a current ratio of 1.03, alongside a high debt-to-equity ratio of 94.37. Over the past year, the stock hit a low at GBX 1,012.50 ($12.32) and a high at GBX 1,415.25 ($17.22). The fifty-day simple moving average stands at GBX 1,226.83, while the 200-day average is at GBX 1,270.93. BAE Systems currently has a market capitalization of £36.92 billion and a P/E ratio of 2,037.50.

Analyst Recommendations

In related news, Berenberg Bank reaffirmed a "buy" rating for BAE Systems and set a target price of GBX 1,440 ($17.52) in a research report released on December 10, 2024. Among analysts, one has issued a hold rating while five others recommend buying the stock. According to MarketBeat, BAE Systems has an average rating of "Moderate Buy" with a consensus target price of GBX 1,454 ($17.69).

About BAE Systems

BAE Systems plc is a global defense, aerospace, and security company. It operates in five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems division focuses on a range of technologies, including electronic warfare, navigation systems, military communication, and space electronics.

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