Ultra Electronics Holdings plc (LON:ULE) insider K Thomson acquired 11 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was purchased at an average cost of GBX 1,369 ($18.30) per share, with a total value of £150.59 ($201.35).

K Thomson also recently made the following trade(s):

  • On Thursday, November 23rd, K Thomson acquired 804 shares of Ultra Electronics stock. The stock was purchased at an average cost of GBX 1,218 ($16.29) per share, with a total value of £9,792.72 ($13,093.62).

Shares of Ultra Electronics Holdings plc (LON ULE) traded down GBX 95 ($1.27) during midday trading on Friday, hitting GBX 1,295 ($17.32). The stock had a trading volume of 1,978,889 shares, compared to its average volume of 319,491. Ultra Electronics Holdings plc has a 52 week low of GBX 1,138 ($15.22) and a 52 week high of GBX 2,245 ($30.02). The stock has a market capitalization of $1,010.00 and a price-to-earnings ratio of 1,579.27.

ULE has been the subject of several recent research reports. Liberum Capital reissued a “buy” rating and issued a GBX 2,300 ($30.75) price objective on shares of Ultra Electronics in a report on Friday, November 10th. Barclays reduced their target price on Ultra Electronics from GBX 2,045 ($27.34) to GBX 1,290 ($17.25) and set an “equal weight” rating for the company in a report on Monday, December 18th. Berenberg Bank lowered Ultra Electronics to a “sell” rating and reduced their target price for the company from GBX 2,250 ($30.08) to GBX 1,550 ($20.72) in a report on Friday, November 10th. Kepler Capital Markets reduced their target price on Ultra Electronics from GBX 2,300 ($30.75) to GBX 1,600 ($21.39) and set a “buy” rating for the company in a report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. lowered Ultra Electronics to a “neutral” rating and reduced their target price for the company from GBX 2,420 ($32.36) to GBX 1,785 ($23.87) in a report on Monday, November 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 1,729.29 ($23.12).

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About Ultra Electronics

Ultra Electronics Holdings plc provides solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.

Insider Buying and Selling by Quarter for Ultra Electronics (LON:ULE)

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