Communications Equipment

Filtronic plc

Filtronic plc (LON:FTC) shares surged 20.2% to GBX 345 during trading, with a significant increase in volume. Analysts maintain a "buy" rating, with a target price of GBX 213. The company reported a P/E ratio of 84.10 and a market cap of £767.60 million. Recent insider selling included 65,151 shares by Jonathan Neale and 100,000 shares by Pete Magowan. Filtronic specializes in high-frequency communication solutions for telecommunications and defense sectors.

Market Beat

Filtronic (LON:FTC) Stock Price Up 20.2%  - Here's What Happened

In a report released yesterday, Jon Byrne from Berenberg Bank reiterated a Buy rating on Filtronic, with a price target of p213.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks According to TipRanks, Byrne is a 3-star analyst with an average return of 10.0% and a 64.71% success rate. Currently, the analyst consensus on Filtronic is a Moderate Buy with an average price target of p213.00.

Tip Ranks

Filtronic (FTC) Gets a Buy from Berenberg Bank

Filtronic plc insider Jonathan Neale sold 65,151 shares at an average price of GBX 244, totaling £158,968.44. Following the sale, Filtronic's stock rose 2.1% to GBX 250.22. The company has a market cap of £550.34 million and a price-to-earnings ratio of 60.29. Analysts maintain a "buy" rating with an average target price of GBX 213. Filtronic specializes in high-frequency communication solutions for telecommunications and defense sectors.

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

Filtronic plc (LON:FTC) shares reached a new 52-week high of GBX 210, closing at GBX 206 with a trading volume of 2,267,492 shares. Berenberg Bank maintained a "buy" rating with a price target of GBX 213. The stock has a consensus rating of "Buy" and an average price target of GBX 213. Filtronic reported earnings of GBX 1.20 per share and has a market cap of £453.08 million. Analysts expect earnings per share of 3.07 for the current year, highlighting the company's strong position in high-frequency communication solutions.

Filtronic (LON:FTC) Hits New 12-Month High  - Still a Buy?

Filtronic Wins New Defence Contract, Strengthening Position in Wideband RF Market

Filtronic Wins New Defence Contract, Strengthening Position in Wideband RF Market

Filtronic, a small British company, has seen its shares soar by 1,300% due to a strategic agreement with SpaceX, which has ordered around $150 million in equipment. Founded 49 years ago, Filtronic specializes in advanced electronics for satellite signals. The partnership has allowed the company to expand its manufacturing capabilities and significantly increase its market value from £20 million to £434 million. However, reliance on SpaceX, which accounted for 83% of its revenue last year, raises concerns about diversification. Filtronic is now also pursuing contracts with other satellite operators and defense companies.

The telegraph

How a tiny British company got rich off Musk’s space race

Glazer Capital, LLC disclosed its position in JTC plc, reporting ownership of 4,985,433 ordinary shares, representing 2.89% of the company. The disclosure was made under Rule 8.3 of the Takeover Code, indicating that Glazer Capital has not previously disclosed any positions related to this offer. Additionally, the firm sold 40,000 shares at a price of 13.08 GBP each on February 26, 2026. No other agreements or arrangements related to the securities were reported.

London Stock Exchange

REG - Glazer Capital, LLC JTC PLC - Form 8.3 - JTC plc

BlackRock, Inc. disclosed its position in JTC plc, reporting ownership of 7,855,833 ordinary shares (4.55%) and cash-settled derivatives of 8,936,125 shares (5.18%), totaling 16,791,958 shares (9.74%). The disclosure was made under Rule 8.3 of the Takeover Code, with the latest position held as of February 19, 2026. Additionally, BlackRock sold 2,134 shares at GBP 12.9898 and increased its long position by 2,790 shares at GBP 12.9800. No indemnity or other dealing arrangements were reported. The disclosure was made on February 20, 2026.

Filtronic plc(FTC.UK)

Filtronic (LON:FTC) Stock Price Up 20.2% - Here's What Happened

Filtronic (FTC) Gets a Buy from Berenberg Bank

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

Filtronic (LON:FTC) Hits New 12-Month High - Still a Buy?

Filtronic Wins New Defence Contract, Strengthening Position in Wideband RF Market

How a tiny British company got rich off Musk’s space race

REG - Glazer Capital, LLC JTC PLC - Form 8.3 - JTC plc

REG - BlackRock Group JTC PLC - Form 8.3 - JTC plc