Insider Buying: Ultra Electronics Holdings plc (ULE) Insider Buys 8 Shares of Stock

Ultra Electronics Holdings plc (LON:ULE) insider Rakesh Sharma purchased 8 shares of Ultra Electronics Holdings plc stock in a transaction dated Monday, July 3rd. The shares were acquired at an average cost of GBX 2,037 ($26.60) per share, with a total value of £162.96 ($212.80).

Rakesh Sharma also recently made the following trade(s):

  • On Tuesday, May 2nd, Rakesh Sharma purchased 7 shares of Ultra Electronics Holdings plc stock. The shares were acquired at an average cost of GBX 2,102 ($27.45) per share, with a total value of £147.14 ($192.14).

Ultra Electronics Holdings plc (LON ULE) opened at 2065.00 on Tuesday. The company’s market capitalization is GBX 1.45 billion. The company’s 50 day moving average price is GBX 2,087.29 and its 200-day moving average price is GBX 2,022.07. Ultra Electronics Holdings plc has a 52 week low of GBX 1,649.00 and a 52 week high of GBX 2,245.00.

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ULE has been the subject of several research reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,300 ($30.03) price target on shares of Ultra Electronics Holdings plc in a research report on Friday, July 7th. Investec reaffirmed a “buy” rating and set a GBX 2,300 ($30.03) price target on shares of Ultra Electronics Holdings plc in a research report on Thursday, June 22nd. Barclays PLC upped their price target on shares of Ultra Electronics Holdings plc from GBX 1,990 ($25.99) to GBX 2,140 ($27.94) and gave the company an “equal weight” rating in a research report on Monday, March 20th. Deutsche Bank AG reduced their price target on shares of Ultra Electronics Holdings plc from GBX 2,100 ($27.42) to GBX 2,050 ($26.77) and set a “hold” rating for the company in a research report on Thursday, May 18th. Finally, J P Morgan Chase & Co upped their price target on shares of Ultra Electronics Holdings plc from GBX 2,350 ($30.69) to GBX 2,400 ($31.34) and gave the company an “overweight” rating in a research report on Wednesday, July 5th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 2,183.67 ($28.51).

Ultra Electronics Holdings plc 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 Holdings plc (LON:ULE)

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