895 Large Investors Shied Away From The Boeing Company (BA)

The Boeing Company (NYSE:BA) produced a 11.96% rally since recording the worst price of $293.01. Thanks to the latest 3.77% increase, it now trades at $328.06. Throughout the trading on 12/18/2018, the share price floated between $323.2 and $332.0899. This company shares are 27.18% off its target price of $417.24 and the current market capitalization stands at $190.23B. The recent change has given its price a -5.65% deficit over SMA 50 and -16.8% deficit over its 52-week high. The stock witnessed -3.96% declines, -9.77% declines and -3.83% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BA’s volatility during a week at 2.62% and during a month it has been found around 3.69%.

The Boeing Company (BA) Top Holders

Institutional investors currently hold around $125.92 billion or 70.3% in BA stock. Look at its top three institutional owners. Vanguard Group Inc owns $13.16 billion in The Boeing Company, which represents roughly 6.92% of the company’s market cap and approximately 10.45% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 33,934,494 shares of the stock are valued at $10.73 billion. The third largest holder is Newport Trust Co, which currently holds $10.16 billion worth of this stock and that ownership represents nearly 5.34% of its market capitalization.

The Boeing Company 13F Filings

At the end of September reporting period, 860 institutional holders increased their position in The Boeing Company (NYSE:BA) by some 14,303,374 shares, 895 decreased positions by 19,555,634 and 283 held positions by 364,440,971. That puts total institutional holdings at 398,299,979 shares, according to SEC filings. The stock grabbed 117 new institutional investments totaling 938,330 shares while 97 institutional investors sold out their entire positions totaling 1,790,742 shares.

The Boeing Company (NYSE:BA) Insider Trades

Multiple company employees have indulged in significant insider trading. The Boeing Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP, Mfg, Supply Chain & Opera Ramos Jenette E has sold 1,640 shares of The Boeing Company (BA) in trading session dated Nov. 09, 2018. These shares are worth $602,733 and were traded at $367.52 each. The SEC filing shows that Sands Diana L performed a sale of 5,000 shares. The SVP, Internal Gov & Admin disposed these shares by way of transaction on Oct. 29, 2018. The company’s shares were given away at $350.07 per share worth to an income of some $1,750,350 on account of Sands Diana L.

EVP & General Counsel, Luttig J Michael, sold 9,000 common shares of The Boeing Company (BA) in the open market. In a transaction dated May. 09, 2018, the shares were put up for sale at an average price of $344.13, raking in a sum of $3,097,170. After this sale, 28,372 common shares of BA are directly owned by the insider, with total stake valued at $9,307,718.

In the transaction dated May. 07, 2018, the great number of shares disposed came courtesy the CTO & SVP, Eng., Test & Tech; Hyslop Gregory L disposed a total of 2,241 shares at an average price of $340.27, amounting to approximately $762,545. The insider now directly owns 19,384 shares worth $6,359,115.

The Boeing Company (BA) Analyst Guide

Several analysts have released their opinion on The Boeing Company (NYSE:BA), with 10 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 10 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.85 average brokerage recommendation.