BAE Systems plc (LON:BA) insider Charles Woodburn bought 26 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were bought at an average cost of GBX 581 ($7.54) per share, for a total transaction of £151.06 ($196.11).

Shares of BAE Systems plc (LON BA) traded up 2.33% on Tuesday, reaching GBX 594.00. 7,990,734 shares of the company’s stock traded hands. The stock has a 50-day moving average price of GBX 609.96 and a 200-day moving average price of GBX 630.32. The company’s market cap is GBX 18.88 billion. BAE Systems plc has a 12-month low of GBX 516.48 and a 12-month high of GBX 682.50.

The company also recently declared a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 19th will be issued a GBX 8.80 ($0.11) dividend. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, October 19th.

TRADEMARK VIOLATION WARNING: This news story was originally posted by American Banking News and is owned by of American Banking News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/08/15/bae-systems-plc-ba-insider-charles-woodburn-acquires-26-shares.html.

A number of equities research analysts have recently weighed in on the stock. J P Morgan Chase & Co cut their target price on shares of BAE Systems plc from GBX 660 ($8.57) to GBX 630 ($8.18) and set a “neutral” rating on the stock in a research note on Wednesday, July 5th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 720 ($9.35) target price on shares of BAE Systems plc in a research note on Tuesday, July 11th. UBS AG reaffirmed a “buy” rating and set a GBX 730 ($9.48) target price on shares of BAE Systems plc in a research note on Wednesday, May 24th. Beaufort Securities reaffirmed a “buy” rating on shares of BAE Systems plc in a research note on Thursday, May 11th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 645 ($8.37) target price on shares of BAE Systems plc in a research note on Friday, July 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 654.85 ($8.50).

BAE Systems plc Company Profile

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.

Insider Buying and Selling by Quarter for BAE Systems plc (LON:BA)

Receive News & Ratings for BAE Systems plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems plc and related companies with MarketBeat.com's FREE daily email newsletter.