Spirit Aerosystems Holdings, Inc. (SPR): Larry A Lawson , President & CEO of Spirit Aerosystems Holdings, Inc. sold 57,000 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $45.81 per share for a total value of $2,611,170.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 14, 2016, John A Pilla (SVP/CTO) sold 3,661 shares at $45.88 per share price.On Mar 3, 2016, Robert D Johnson (director) sold 500 shares at $46.05 per share price.Also, On Feb 19, 2016, Mark Suchinski (VP & Corporate Controller) sold 842 shares at $45.00 per share price.On Nov 4, 2015, Larry A Lawson (President & CEO) sold 34,277 shares at $55.00 per share price.
Shares of Spirit AeroSystems Holdings (SPR) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -1.08 points or -2.32% at $45.54 with 14,18,194 shares getting traded. Post opening the session at $46.3, the shares hit an intraday low of $45.34 and an intraday high of $46.57 and the price vacillated in this range throughout the day. The company has a market cap of $6,028 M and the number of outstanding shares has been calculated to be 13,23,78,113 shares. The 52-week high of Spirit AeroSystems Holdings is $57.99 and the 52-week low is $40.03.
Company has been under the radar of several Street Analysts.Spirit AeroSystems Holdings is Downgraded by BofA/Merrill to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 20, 2016.
Spirit AeroSystems Holdings Inc. is an independent non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero structures. The Company operates in three segments: Fuselage Systems Propulsion Systems and Wing Systems. Fuselage Systems segment develops produces and markets forward mid and rear fuselage sections and systems primarily to aircraft OEMs as well as related spares and maintenance repair and overhaul support and services (MRO). The Propulsion Systems segment develops produces and markets struts/pylons nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs as well as related spares and MRO services. The Wing Systems segment develops produces and markets forward wings and wing components (including flight control surfaces) and other miscellaneous structural parts primarily to aircraft OEMs as well as related spares and MRO services.