The Boeing Company (NYSE:BA) EVP Uma M. Amuluru Sells 3,159 Shares

The Boeing Company (NYSE:BA) EVP Uma M. Amuluru sold 3,159 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $180.69, for a total transaction of $570,799.71. Following the sale, the executive vice president now directly owns 19,213 shares of the company’s stock, valued at $3,471,596.97. This represents a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Boeing Price Performance

Shares of BA stock opened at $177.34 on Friday. The Boeing Company has a 12 month low of $137.03 and a 12 month high of $208.10. The firm has a market capitalization of $133.01 billion, a P/E ratio of -9.68 and a beta of 1.52. The company’s fifty day moving average price is $176.74 and its two-hundred day moving average price is $164.39.

Boeing (NYSE:BA) last issued its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts’ consensus estimates of ($1.60) by ($4.30). During the same period in the previous year, the business posted ($0.47) EPS. On average, sell-side analysts anticipate that The Boeing Company will post -2.32 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Citigroup boosted their price objective on shares of Boeing from $207.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Northcoast Research raised shares of Boeing from a “sell” rating to a “neutral” rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. boosted their price objective on shares of Boeing from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 29th. Wells Fargo & Company boosted their price objective on shares of Boeing from $85.00 to $103.00 and gave the company an “underweight” rating in a research note on Wednesday, January 29th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Boeing from $184.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $195.16.

Institutional Investors Weigh In On Boeing

Institutional investors have recently modified their holdings of the stock. Sierra Ocean LLC acquired a new stake in shares of Boeing in the 4th quarter valued at about $26,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Boeing in the 4th quarter valued at about $27,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of Boeing in the 3rd quarter valued at about $28,000. Fiduciary Advisors Inc. acquired a new stake in shares of Boeing in the 4th quarter valued at about $28,000. Finally, HighMark Wealth Management LLC raised its stake in shares of Boeing by 121.6% in the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock valued at $29,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 64.82% of the company’s stock.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.