Insider Buying: Boeing (NYSE:BA) Director Acquires $998,421.00 in Stock

The Boeing Company (NYSE:BA) Director Mortimer Buckley acquired 5,820 shares of Boeing stock in a transaction that occurred on Friday, October 30th. The stock was bought at an average cost of $171.55 per share, with a total value of $998,421.00. Following the acquisition, the director directly owned 10,250 shares of the company’s stock, valued at approximately $1,758,387.50. This trade represents a 131.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Boeing Stock Performance

Shares of BA opened at $172.62 on Friday. The firm has a 50-day moving average price of $193.12 and a 200 day moving average price of $215.79. The company has a current ratio of 1.13, a quick ratio of 0.34 and a debt-to-equity ratio of 6.31. The Boeing Company has a 52-week low of $165.01 and a 52-week high of $254.35.

Boeing (NYSE:BA) last released its earnings results on Tuesday, October 27th. The aircraft producer reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a net margin of 7.98% and a negative return on equity of 42.40%. The company had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the business posted ($7.47) EPS. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. On average, sell-side analysts predict that The Boeing Company will post -1.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Boeing

Several large investors have recently made changes to their positions in BA. Highland Investment Advisors LLC bought a new position in Boeing during the second quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new stake in Boeing in the second quarter valued at approximately $27,000. Retirement Wealth Solutions LLC grew its position in Boeing by 3,575.0% in the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock worth $27,000 after acquiring an additional 143 shares in the last quarter. Three Bridge Wealth Advisors LLC bought a new stake in Boeing in the third quarter worth approximately $28,000. Finally, Bell Investment Advisors Inc bought a new stake in Boeing in the second quarter worth approximately $29,000. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Btg Pactual set a $260.00 target price on Boeing in a report on Tuesday, July 14th. TD Cowen decreased their price target on Boeing from $240.00 to $210.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. Needham & Company LLC assumed coverage on Boeing in a research note on Wednesday, October 28th. They set a “hold” rating for the company. BNP Paribas Exane upgraded Boeing to a “neutral” rating in a research report on Wednesday, October 28th. Finally, Citigroup cut Boeing from a “buy” rating to a “sell” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $247.88.

Key Headlines Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Avolon finalized an order for 140 Boeing 737-10 jets, a record MAX-family purchase by a lessor. The deal adds to Boeing’s backlog and signals continued demand for its narrowbody aircraft. Boeing Has the Orders, the Cash Flow, and Insider Buyers, But What’s Still Missing?
• Positive Sentiment: Two directors bought about $1.51 million of Boeing shares after the stock’s decline, a signal of insider confidence. Boeing also generated $464 million in free cash flow in the latest quarter, supporting hopes for a gradual recovery. These Boeing Directors Just Bought Shares. Here’s What Wall Street Thinks.
• Neutral Sentiment: Analysts remain broadly optimistic, but the recovery depends on Boeing converting its large backlog into timely deliveries. The company’s production targets have slipped, with stabilization of 737 MAX output now expected in 2027. Do Wall Street Analysts Like Boeing Company Stock?
• Neutral Sentiment: A law firm announced an investigation into potential securities-law violations. The notice does not establish wrongdoing, but adds a legal headline investors may monitor. Kaplan Fox Announces Investigation
• Negative Sentiment: The FAA’s focus on the 787 Dreamliner’s wings raises fresh concerns about quality oversight and possible inspection or production disruption, weighing on confidence in Boeing’s execution. FAA Scrutiny of Dreamliner Wings
• Negative Sentiment: Boeing’s latest quarterly loss per share was larger than analysts expected, while production delays and the extended 777X timeline keep execution and profitability risks in focus. Caught Out By Boeing’s Slide? Here’s What The Bears Saw

About Boeing

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.