Boeing Co (BA) Files Form 4 Insider Selling : John J Tracy Sells 22,341 Shares

Boeing Co (BA): John J Tracy , SVP & CTO of Boeing Co sold 22,341 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $133.60 per share for a total value of $2,984,668.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Scott W Fancher (SVP, Prog Mgmt, Int & Dev Prog) sold 6,279 shares at $133.16 per share price.On May 6, 2016, Timothy John Keating (SVP, Government Operations) sold 20,000 shares at $131.61 per share price.Also, On May 5, 2016, Dennis A Muilenburg (Chairman, President & CEO) sold 8,700 shares at $132.06 per share price.On May 5, 2016, Randall L Stephenson (director) purchased 1,850 shares at $132.15 per share price.

Boeing Co: On Monday, May 16, 2016 heightened volatility was witnessed in Boeing Co which led to swings in the share price. The shares opened for trading at $131.63 and hit $134.41 on the upside , eventually ending the session at $134.14, with a gain of 1.53% or 2.02 points. The heightened volatility saw the trading volume jump to 31,65,440 shares. The 52-week high of the share price is $150.585 and the company has a market cap of $85,449 M . The 52-week low of the share price is at $102.1.

Boeing Co Money Flow Index Chart

Company has been under the radar of several Street Analysts.Boeing Co is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 132 from a previous price target of $128 .The Rating was issued on Apr 28, 2016.Boeing Co is Reiterated by Canaccord Genuity to Hold and the brokerage firm has raised the Price Target to $ 140 from a previous price target of $135 .The Rating was issued on Apr 28, 2016.Boeing Co is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 20, 2016.Boeing Co is Downgraded by Canaccord Genuity to Hold while Lowering the Price Target of the company shares to $ 135 from a previous price target of $150 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 3, 2016.Boeing Co is Upgraded by Buckingham Research to Neutral. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Feb 18, 2016.

The Boeing Company together with its subsidiaries is an aerospace company. The Company operates through five segments: Commercial Airplanes Boeing Military Aircraft (BMA) Network & Space Systems (N&SS) Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense Space & Security (BDS) business includes BMA N&SS and GS&S. The Commercial Airplanes segment develops produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research development production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research development production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segment’s portfolio consists of equipment under operating leases finance leases notes and other receivables assets held for sale or re-lease and investments.

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