Spirit Aerosystems Holdings, Inc. (SPR): Richard A Gephardt , director of Spirit Aerosystems Holdings, Inc. sold 6,000 shares on May 17, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $46.81 per share for a total value of $280,860.00 , 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 19, 2016, Richard A Gephardt (director) sold 6,000 shares at $46.81 per share price.On May 17, 2016, Mark Suchinski (VP & Corporate Controller) sold 4,711 shares at $47.05 per share price.Also, On May 6, 2016, Larry A Lawson (President & CEO) sold 57,000 shares at $45.81 per share price.On Mar 14, 2016, John A Pilla (SVP/CTO) sold 3,661 shares at $45.88 per share price.
Spirit AeroSystems Holdings: On Friday, May 20, 2016 heightened volatility was witnessed in Spirit AeroSystems Holdings which led to swings in the share price. The shares opened for trading at $46.53 and hit $46.91 on the upside , eventually ending the session at $46.57, with a gain of 0.54% or 0.25 points. The heightened volatility saw the trading volume jump to 7,07,886 shares. The 52-week high of the share price is $57.99 and the company has a market cap of $6,165 M . The 52-week low of the share price is at $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.