Boeing Co (BA): Thomas J Downey , SVP, Communications of Boeing Co sold 6,047 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $134.00 per share for a total value of $810,298.00 , 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, John J Tracy (SVP & CTO) sold 22,341 shares at $133.60 per share price.On May 17, 2016, Scott W Fancher (SVP, Prog Mgmt, Int & Dev Prog) sold 6,279 shares at $133.16 per share price.Also, On May 6, 2016, Timothy John Keating (SVP, Government Operations) sold 20,000 shares at $131.61 per share price.On May 5, 2016, Dennis A Muilenburg (Chairman, President & CEO) sold 8,700 shares at $132.06 per share price.
Shares of Boeing Co (BA) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -2.91 points or -2.22% at $128.08 with 50,61,552 shares getting traded. Post opening the session at $130.24, the shares hit an intraday low of $127.085 and an intraday high of $130.43 and the price vacillated in this range throughout the day. The company has a market cap of $81,588 M and the number of outstanding shares has been calculated to be 63,70,11,140 shares. The 52-week high of Boeing Co is $150.585 and the 52-week low is $102.1.
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.
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.