B/e Aerospace Inc (BEAV): Ryan M Patch , VP,General Counsel & Secretary of B/e Aerospace Inc sold 950 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $47.58 per share for a total value of $45,195.77 , 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 12, 2016, Sean Cromie (Vice President & GM) sold 1,988 shares at $54.69 per share price.On Feb 23, 2016, Werner Lieberherr (President & CEO) sold 9,471 shares at $42.46 per share price.Also, On Feb 23, 2016, Ryan M Patch (VP,General Counsel & Secretary) sold 2,256 shares at $42.11 per share price.On Feb 23, 2016, Tommy G Plant (Vice President & GM) sold 1,042 shares at $42.05 per share price.
B/E Aerospace Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in B/E Aerospace Inc which led to swings in the share price. The shares opened for trading at $47.13 and hit $47.52 on the upside , eventually ending the session at $47.28, with a gain of 0.83% or 0.39 points. The heightened volatility saw the trading volume jump to 6,90,296 shares. The 52-week high of the share price is $60.6 and the company has a market cap of $4,832 M . The 52-week low of the share price is at $36.38.
Company has been under the radar of several Street Analysts.B/E Aerospace Inc is Downgraded by JP Morgan to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on May 20, 2016.B/E Aerospace Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 51 from a previous price target of $48 .The Rating was issued on Apr 27, 2016.B/E Aerospace Inc is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $55 .The Rating was issued on Apr 27, 2016.
B/E Aerospace Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services directly to various airlines and aerospace manufacturers across the world. The Company operates through two segments: commercial aircraft (CAS) and business jet (BJS). The Companys commercial aircraft (CAS) segment offers a range of seating products oxygen delivery systems coffee makers and water boilers ovens and refrigeration equipment modular lavatory wastewater and galley systems and also provides engineering design integration installation and certification services. The Companys business jet segment offers a range of furnishings and interior packages for business jets.