General Dynamics Corp (GD) Files Form 4 Insider Selling : Robert W Helm Sells 87,790 Shares

General Dynamics Corp (GD): Robert W Helm , Senior Vice President of General Dynamics Corp sold 87,790 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $150.79 per share for a total value of $13248358 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, Robert W Helm (Senior Vice President) sold 149,910 shares at $152.54 per share price.On Sep 8, 2016, Kimberly A Kuryea (Vice President and Controller) sold 4,117 shares at $154.56 per share price.Also, On Aug 15, 2016, Mark C. Roualet (Executive Vice President) sold 40,780 shares at $151.26 per share price.On Aug 5, 2016, John Patrick Casey (Executive Vice President) sold 57,490 shares at $146.96 per share price.

General Dynamics Corporation: On Monday, Sep 12, 2016 heightened volatility was witnessed in General Dynamics Corporation which led to swings in the share price. The shares opened for trading at $149.14 and hit $152.23 on the upside , eventually ending the session at $151.81, with a gain of 1.27% or 1.9 points. The heightened volatility saw the trading volume jump to 1,006,158 shares. The 52-week high of the share price is $154.98 and the company has a market cap of $46,344 M . The 52-week low of the share price is at $121.6065.

General Dynamics Corporation Money Flow Index Chart

On Aug 3, 2016, General Dynamics Corporation announced a cash dividend of $0.7600. The company’s management has announced Oct 5, 2016 as the ex-dividend date and fixed the record date on Oct 7, 2016. The payable date has been fixed on Nov 10, 2016.

Company has been under the radar of several Street Analysts.General Dynamics Corporation is Upgraded by Bernstein to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Aug 10, 2016.

General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles weapons systems and munitions; communications and information technology systems and solutions and military and commercial shipbuilding. The Company operates through four business groups: Aerospace Combat Systems Information Systems and Technology and Marine Systems. Aerospace group designs manufactures and outfits a family of Gulfstream business-jet aircraft and provides aircraft services. Combat Systems group is engaged in systems engineering spanning design development manufacture and support of military vehicles weapons systems and munitions. Marine Systems group designs builds and supports submarines and surface ships. Information Systems and Technology group provides technologies products and services that support a range of military federal/civilian and commercial information-systems requirements.

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