Ultra Electronics Holdings plc (ULE) Insider K Thomson Acquires 11 Shares

Ultra Electronics Holdings plc (LON:ULE) insider K Thomson purchased 11 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was acquired at an average price of GBX 1,430 ($20.08) per share, for a total transaction of £157.30 ($220.90).

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

  • On Tuesday, January 2nd, K Thomson purchased 11 shares of Ultra Electronics stock. The stock was acquired at an average price of GBX 1,369 ($19.22) per share, for a total transaction of £150.59 ($211.47).
  • On Thursday, November 23rd, K Thomson purchased 804 shares of Ultra Electronics stock. The stock was acquired at an average price of GBX 1,218 ($17.10) per share, for a total transaction of £9,792.72 ($13,751.89).

Ultra Electronics Holdings plc (LON ULE) traded down GBX 37 ($0.52) during mid-day trading on Monday, reaching GBX 1,385 ($19.45). 163,573 shares of the company’s stock traded hands, compared to its average volume of 427,797. Ultra Electronics Holdings plc has a fifty-two week low of GBX 1,138 ($15.98) and a fifty-two week high of GBX 2,245 ($31.53). The company has a market capitalization of $1,110.00 and a price-to-earnings ratio of 1,689.02.

A number of brokerages have recently issued reports on ULE. Liberum Capital reissued a “buy” rating and issued a GBX 1,800 ($25.28) price objective on shares of Ultra Electronics in a research note on Wednesday, January 31st. JPMorgan Chase & Co. raised shares of Ultra Electronics to an “overweight” rating and reduced their price objective for the stock from GBX 1,735 ($24.36) to GBX 1,675 ($23.52) in a research note on Friday, January 12th. Berenberg Bank reduced their price objective on shares of Ultra Electronics from GBX 1,550 ($21.77) to GBX 1,300 ($18.26) and set a “sell” rating for the company in a research note on Friday, January 5th. Barclays reduced their price objective on shares of Ultra Electronics from GBX 2,045 ($28.72) to GBX 1,290 ($18.12) and set an “equal weight” rating for the company in a research note on Monday, December 18th. Finally, Kepler Capital Markets reduced their price objective on shares of Ultra Electronics from GBX 2,300 ($32.30) to GBX 1,600 ($22.47) and set a “buy” rating for the company in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Ultra Electronics presently has a consensus rating of “Hold” and a consensus price target of GBX 1,720.71 ($24.16).

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Ultra Electronics Company Profile

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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