Insider Selling: Filtronic (LON:FTC) Insider Sells 65,151 Shares of Stock

Filtronic plc (LON:FTC - Get Free Report) insider Jonathan Neale sold 65,151 shares of the company's stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of GBX 244, for a total transaction of £158,968.44.Filtronic Stock Up 2.1%Shares of LON FTC traded up GBX 5.22 during midday trading on Tuesday, reaching GBX 250.22. 7,436,904 shares of the company's stock traded hands, compared to its average volume of 1,991,038. Filtronic plc has a one year low of GBX 91 and a one year high of GBX 251. The stock's 50 day simple moving average is GBX 196.45 and its 200-day simple moving average is GBX 167.69. The company has a quick ratio of 2.13, a current ratio of 2.23 and a debt-to-equity ratio of 16.02. The company has a market cap of £550.34 million, a price-to-earnings ratio of 60.29 and a beta of 0.73. Filtronic (LON:FTC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 1.20 earnings per share (EPS) for the quarter. Filtronic had a net margin of 17.80% and a return on equity of 26.93%. On average, analysts predict that Filtronic plc will post 3.0730129 EPS for the current fiscal year. Analyst Upgrades and DowngradesSeparately, Berenberg Bank reiterated a "buy" rating and issued a GBX 213 target price on shares of Filtronic in a research report on Friday, March 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of GBX 213.Get Our Latest Analysis on FTCAbout Filtronic (Get Free Report)For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today's data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances. Our advanced solutions enhance connectivity, optimise bandwidth, and minimise latency. As pioneers in high-frequency mmWave technology, we tackle the toughest challenges in the market, which is why global tech leaders choose Filtronic for unmatched expertise and innovative solutions.Read MoreFive stocks we like better than FiltronicThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Filtronic Right Now?Before you consider Filtronic, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Filtronic wasn't on the list.While Filtronic currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here