Key Points
- EVP Uma Amuluru sold 1,503 shares of Boeing at an average price of $233.78 (about $351,371), reducing her stake by 7.33% to 19,015 shares, per an SEC filing.
- Boeing posted a major quarterly beat, reporting $9.92 EPS versus a -$0.40 consensus and revenue of $23.95 billion, up 57.1% year‑over‑year.
- Regulatory and security headwinds include an FAA airworthiness directive for 737 MAX 8 circuit‑breaker inspections (adding compliance costs) and a Pentagon inquiry into Boeing’s exposure to Anthropic, a potential supply‑chain risk.
The Boeing Company (NYSE:BA - Get Free Report) EVP Uma Amuluru sold 1,503 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $233.78, for a total transaction of $351,371.34. Following the completion of the transaction, the executive vice president owned 19,015 shares of the company's stock, valued at approximately $4,445,326.70. This trade represents a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Boeing Stock Performance
BA opened at $229.33 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.40 and a debt-to-equity ratio of 8.37. The business's 50 day moving average is $234.48 and its 200-day moving average is $220.02. The stock has a market cap of $180.10 billion, a PE ratio of 114.10 and a beta of 1.15. The Boeing Company has a twelve month low of $128.88 and a twelve month high of $254.35.
Boeing (NYSE:BA - Get Free Report) last posted its earnings results on Tuesday, January 27th. The aircraft producer reported $9.92 EPS for the quarter, beating the consensus estimate of ($0.40) by $10.32. The business had revenue of $23.95 billion during the quarter, compared to analyst estimates of $22.41 billion. The firm's revenue was up 57.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($5.90) earnings per share. On average, analysts predict that The Boeing Company will post -2.58 earnings per share for the current year.
More Boeing News
Here are the key news stories impacting Boeing this week:
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Alpha Cubed Investments LLC increased its holdings in Boeing by 43.3% in the 2nd quarter. Alpha Cubed Investments LLC now owns 3,598 shares of the aircraft producer's stock valued at $754,000 after acquiring an additional 1,088 shares during the last quarter. SteelPeak Wealth LLC boosted its position in shares of Boeing by 50.4% during the 3rd quarter. SteelPeak Wealth LLC now owns 26,360 shares of the aircraft producer's stock valued at $5,689,000 after acquiring an additional 8,833 shares during the last quarter. Vanguard Group Inc. lifted its position in Boeing by 1.7% during the second quarter. Vanguard Group Inc. now owns 66,773,360 shares of the aircraft producer's stock valued at $13,991,022,000 after purchasing an additional 1,118,316 shares during the last quarter. Patton Fund Management Inc. raised its position in shares of Boeing by 734.4% during the 3rd quarter. Patton Fund Management Inc. now owns 10,322 shares of the aircraft producer's stock valued at $2,228,000 after buying an additional 9,085 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its holdings in shares of Boeing by 7.1% in the 2nd quarter. Moors & Cabot Inc. now owns 21,990 shares of the aircraft producer's stock valued at $4,607,000 after acquiring an additional 1,461 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms recently commented on BA. BNP Paribas Exane set a $150.00 price objective on shares of Boeing in a research note on Tuesday, November 18th. Morgan Stanley set a $245.00 price target on shares of Boeing in a research report on Wednesday, January 28th. Royal Bank Of Canada raised their target price on shares of Boeing from $265.00 to $275.00 and gave the stock an "outperform" rating in a report on Wednesday, January 28th. Weiss Ratings upgraded Boeing from a "sell (d-)" rating to a "hold (c-)" rating in a report on Wednesday, February 4th. Finally, Loop Capital set a $223.00 target price on Boeing in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $246.14.
Read Our Latest Research Report on BA
Boeing Company Profile
(
Get Free Report)
Boeing Company (NYSE: BA) is an American multinational corporation that designs, manufactures and services commercial airplanes, defense systems, and space and security technologies. Founded in 1916 by William E. Boeing in Seattle, the company today operates as an integrated aerospace and defense contractor with a global customer base. Boeing relocated its corporate headquarters to Arlington, Virginia in 2022 and maintains extensive engineering, manufacturing and service operations across the United States and around the world.
Boeing's principal lines of business include Commercial Airplanes, which produces and supports a range of jetliners used by airlines globally; Defense, Space & Security, which develops military aircraft, rotorcraft, surveillance and reconnaissance systems, satellites, and launch and missile systems; and Boeing Global Services, which provides aftermarket maintenance, training, spare parts, digital analytics and logistics support.
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