Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £194.22 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Helen McCabe acquired 13 shares of the stock in a transaction dated Tuesday, July 7th. The stock was acquired at an average price of GBX 1,494 per share, for a total transaction of £194.22.

Helen McCabe also recently made the following trade(s):

• On Monday, June 8th, Helen McCabe bought 12 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average price of GBX 1,254 per share, with a total value of £150.48.
• On Thursday, May 28th, Helen McCabe sold 1,359 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,303, for a total transaction of £17,707.77.
• On Thursday, May 7th, Helen McCabe purchased 15 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,911 per share, for a total transaction of £286.65.
• On Monday, April 27th, Helen McCabe sold 1,490 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,137, for a total transaction of £16,941.30.

Rolls-Royce Holdings plc Price Performance

Shares of LON:RR traded down GBX 56.20 during midday trading on Wednesday, hitting GBX 1,447.80. The company had a trading volume of 13,205,941 shares. The company has a market cap of £124.17 billion, a price-to-earnings ratio of 52.78, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 and a 12-month high of GBX 537.20. The company has a fifty day moving average of GBX 1,289.48 and a two-hundred day moving average of GBX 1,254.38.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price objective on Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a research report on Thursday, April 30th. Finally, Berenberg Bank lifted their price target on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the company a “buy” rating in a report on Friday, June 12th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,447.20.

Rolls-Royce Holdings plc Company Profile

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.