1,555 Shares in The Boeing Company (NYSE:BA) Acquired by Aspire Growth Partners LLC

Aspire Growth Partners LLC purchased a new stake in The Boeing Company (NYSE:BA - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,555 shares of the aircraft producer's stock, valued at approximately $275,000.

Several other large investors have also recently made changes to their positions in the stock. Accredited Wealth Management LLC bought a new position in shares of Boeing during the 4th quarter worth approximately $47,000. Advanced Portfolio Management LLC increased its position in shares of Boeing by 182.2% during the fourth quarter. Advanced Portfolio Management LLC now owns 15,000 shares of the aircraft producer's stock worth $2,655,000 after purchasing an additional 9,684 shares in the last quarter. AlTi Global Inc. lifted its holdings in shares of Boeing by 29.5% during the 4th quarter. AlTi Global Inc. now owns 52,808 shares of the aircraft producer's stock valued at $9,193,000 after purchasing an additional 12,037 shares during the last quarter. All Terrain Financial Advisors LLC acquired a new stake in shares of Boeing in the 4th quarter worth $266,000. Finally, 4WEALTH Advisors Inc. purchased a new position in Boeing during the 4th quarter worth $940,000. 64.82% of the stock is owned by institutional investors.

Boeing Stock Up 0.5 %

BA traded up $0.96 during trading on Monday, reaching $186.42. The company's stock had a trading volume of 5,409,667 shares, compared to its average volume of 9,047,515. The firm has a fifty day simple moving average of $165.14 and a two-hundred day simple moving average of $165.89. The company has a market cap of $140.56 billion, a price-to-earnings ratio of -10.18 and a beta of 1.40. The Boeing Company has a 1 year low of $128.88 and a 1 year high of $196.95.

Boeing (NYSE:BA - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The aircraft producer reported ($0.49) EPS for the quarter, topping analysts' consensus estimates of ($1.39) by $0.90. The company had revenue of $19.50 billion for the quarter, compared to analysts' expectations of $19.57 billion. During the same quarter in the previous year, the business posted ($1.13) EPS. The business's quarterly revenue was up 17.7% compared to the same quarter last year. As a group, equities analysts forecast that The Boeing Company will post -2.58 EPS for the current fiscal year.

Analyst Ratings Changes

BA has been the topic of a number of research analyst reports. Morgan Stanley boosted their price target on Boeing from $175.00 to $185.00 and gave the stock an "equal weight" rating in a research note on Thursday, April 24th. Melius Research set a $204.00 target price on shares of Boeing in a research report on Monday, March 24th. Susquehanna raised their price target on shares of Boeing from $200.00 to $205.00 and gave the stock a "positive" rating in a report on Wednesday, January 29th. Royal Bank of Canada reissued an "outperform" rating and set a $200.00 price objective on shares of Boeing in a report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Boeing from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $200.90.

Insider Activity at Boeing

In other Boeing news, EVP Uma M. Amuluru sold 3,159 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the transaction, the executive vice president now directly owns 19,213 shares in the company, valued at $3,471,596.97. The trade was a 14.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.09% of the stock is currently owned by insiders.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.