Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Buys 2,698 Shares of Stock

Key Points

• Angela Strank, an insider at Rolls-Royce Holdings plc, purchased 2,698 shares at an average price of GBX 1,103, totaling approximately £29,758.94 ($40,263.75).
• Rolls-Royce Holdings plc's stock rose by 1.8% during trading, with a market capitalization of £94.47 billion and a recent trading price of GBX 1,101.50 ($14.90).
• Wall Street analysts have generally rated Rolls-Royce Holdings plc as a "Moderate Buy," with updated price targets ranging from GBX 1,101 to GBX 1,245 by various firms.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Angela Strank acquired 2,698 shares of the firm's stock in a transaction dated Thursday, August 14th. The stock was bought at an average price of GBX 1,103 ($14.96) per share, for a total transaction of £29,758.94 ($40,356.58).

Angela Strank also recently made the following trade(s):

• On Friday, June 13th, Angela Strank bought 2,837 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average price of GBX 874 ($11.85) per share, for a total transaction of £24,795.38 ($33,625.41).

Rolls-Royce Holdings plc Stock Performance

Shares of Rolls-Royce Holdings plc stock traded down GBX 27.50 ($0.37) during trading hours on Monday, reaching GBX 1,074 ($14.56). 18,669,581 shares of the company were exchanged. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.66) and a 1 year high of GBX 537.20 ($7.29). The stock's fifty day moving average is GBX 975.67 and its 200 day moving average is GBX 822.71. The firm has a market cap of £92.11 billion, a PE ratio of 39.15, a PEG ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported GBX 15.74 ($0.21) earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. Research analysts expect that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on RR. Citigroup upped their price objective on Rolls-Royce Holdings plc from GBX 641 ($8.69) to GBX 1,101 ($14.93) and gave the company a "neutral" rating in a research report on Monday, August 11th. Shore Capital reissued a "hold" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, July 31st. JPMorgan Chase & Co. upped their target price on shares of Rolls-Royce Holdings plc from GBX 1,040 ($14.10) to GBX 1,245 ($16.88) and gave the company an "overweight" rating in a report on Monday, August 11th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Rolls-Royce Holdings plc from GBX 1,000 ($13.56) to GBX 1,220 ($16.54) and gave the stock a "buy" rating in a report on Thursday, August 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 976.20 ($13.24).

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.