Airbus (OTCMKTS:EADSF) Stock Price Up 2% – Here’s What Happened

Airbus SE (OTCMKTS:EADSF)’s stock price rose 2% during trading on Monday . The company traded as high as $231.0442 and last traded at $230.6240. Approximately 5,133 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 4,074 shares. The stock had previously closed at $226.00.

Airbus Stock Up 2.0%

The company has a fifty day moving average of $235.49 and a two-hundred day moving average of $230.00.

Hedge Funds Weigh In On Airbus

Large investors have recently added to or reduced their stakes in the company. Generali Investments CEE investicni spolecnost a.s. boosted its holdings in Airbus by 9.8% in the fourth quarter. Generali Investments CEE investicni spolecnost a.s. now owns 31,498 shares of the company’s stock worth $7,337,000 after purchasing an additional 2,820 shares during the period. Saranac Partners Ltd bought a new position in shares of Airbus during the third quarter valued at approximately $76,000. GAMMA Investing LLC raised its position in shares of Airbus by 63.8% during the 3rd quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock worth $118,000 after purchasing an additional 197 shares during the period. Finally, Norman Fields Gottscho Capital Management LLC raised its position in shares of Airbus by 4.1% during the 3rd quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock worth $891,000 after purchasing an additional 150 shares during the period. 26.91% of the stock is currently owned by institutional investors.

Airbus Company Profile

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.