Huntington Ingalls Industries, Inc. (HII): William R Ermatinger , Corp. VP, Chief HR Officer of Huntington Ingalls Industries, Inc. sold 7,933 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $154.13 per share for a total value of $1,222,737.12 , 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 11, 2016, Thomas B Fargo (director) sold 1,237 shares at $153.26 per share price.On Apr 5, 2016, Jerri F Dickseski (Corp. VP, Communications) sold 750 shares at $136.00 per share price.Also, On Jan 11, 2016, Barbara A Niland (Corp VP and CFO) sold 20,261 shares at $130.00 per share price.On Nov 23, 2015, D R Wyatt (Corp VP & Treasurer) sold 800 shares at $134.92 per share price.
Huntington Ingalls Industries Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Huntington Ingalls Industries Inc which led to swings in the share price. The shares opened for trading at $155.24 and hit $156.95 on the upside , eventually ending the session at $156.17, with a gain of 1.17% or 1.81 points. The heightened volatility saw the trading volume jump to 6,01,825 shares. The 52-week high of the share price is $156.95 and the company has a market cap of $7,343 M . The 52-week low of the share price is at $102.76.
Company has been under the radar of several Street Analysts.Huntington Ingalls Industries Inc is Reiterated by Barclays to Underweight and the brokerage firm has raised the Price Target to $ 135 from a previous price target of $125 .The Rating was issued on May 9, 2016.
Huntington Ingalls Industries Inc. (HII) designs builds overhauls and repairs ships for the United States Navy and the United States Coast Guard. The Company is the designer builder and refueler of nuclear powered aircraft carriers the builder of amphibious assault and expeditionary warfare ships for the United States Navy and the sole builder of National Security Cutters for the United States Coast Guard. The Company designs and builds nuclear-powered submarines for the United States Navy and builds the Navy’s fleet of DDG51 Arleigh Burke-class destroyers. The Company operates its shipbuilding business through Huntington Ingalls Incorporated subsidiary which is organized into two segments: Ingalls Shipbuilding (Ingalls) which includes non-nuclear ship design construction repair and maintenance businesses and Newport News Shipbuilding (Newport News) which includes the nuclear ship design construction overhaul refueling and repair and maintenance businesses.