Ultra Electronics Holdings plc (LON:ULE) insider Sir Robert Walmsley purchased 400 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were acquired at an average price of GBX 1,957 ($25.49) per share, for a total transaction of £7,828 ($10,194.04).

Shares of Ultra Electronics Holdings plc (ULE) traded down 0.47% during midday trading on Wednesday, hitting GBX 1895.00. 323,751 shares of the stock traded hands. The company’s market capitalization is GBX 1.33 billion. Ultra Electronics Holdings plc has a 1-year low of GBX 1,649.00 and a 1-year high of GBX 2,245.00. The stock has a 50 day moving average of GBX 2,052.18 and a 200 day moving average of GBX 2,047.19.

COPYRIGHT VIOLATION NOTICE: “Insider Buying: Ultra Electronics Holdings plc (LON:ULE) Insider Purchases 400 Shares of Stock” was originally posted by Daily Political and is the property of of Daily Political. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/08/09/insider-buying-ultra-electronics-holdings-plc-lonule-insider-purchases-400-shares-of-stock.html.

Several equities research analysts have recently commented on ULE shares. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 2,350 ($30.60) target price on shares of Ultra Electronics Holdings plc in a research note on Friday, April 21st. Deutsche Bank AG reduced their target price on shares of Ultra Electronics Holdings plc from GBX 2,100 ($27.35) to GBX 2,050 ($26.70) and set a “hold” rating on the stock in a research note on Thursday, May 18th. Liberum Capital restated a “buy” rating and issued a GBX 2,300 ($29.95) target price on shares of Ultra Electronics Holdings plc in a research note on Friday, April 28th. Finally, Investec restated a “buy” rating and issued a GBX 2,300 ($29.95) target price on shares of Ultra Electronics Holdings plc in a research note on Thursday, June 22nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 2,207.88 ($28.75).

About Ultra Electronics Holdings plc

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)

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