Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires 14 Shares of Stock

Key Points

• Helen McCabe, an insider at Rolls-Royce Holdings plc, acquired a total of 18 shares on September 8th at an average price of GBX 1,085 per share.
• Rolls-Royce shares opened at GBX 1,087, with a market capitalization of £93.23 billion and a PE ratio of 39.62.
• Analysts have mixed ratings on Rolls-Royce, with a consensus target price of GBX 1,188.67, including several price target upgrades from institutions like Citigroup and JPMorgan Chase.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Helen McCabe acquired 14 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was bought at an average cost of GBX 1,085 per share, for a total transaction of £151.90.

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

• On Monday, September 8th, Helen McCabe acquired 4 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average cost of GBX 1,076 per share, for a total transaction of GBX 4,304.
• On Tuesday, August 26th, Helen McCabe sold 2,857 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,047, for a total value of £29,912.79.

Rolls-Royce Holdings plc Price Performance

Shares of RR stock traded up GBX 6.50 during trading on Monday, reaching GBX 1,130. The company had a trading volume of 28,261,200 shares. The firm's 50 day simple moving average is GBX 1,040.89 and its two-hundred day simple moving average is GBX 886.34. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20. The company has a market capitalization of £96.91 billion, a PE ratio of 41.19, 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 earnings per share for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. Analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a "buy" rating in a research note on Thursday, August 7th. Shore Capital reaffirmed a "hold" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, July 31st. Citigroup lifted their price target on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the stock a "neutral" rating in a research report on Friday, August 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of Rolls-Royce Holdings plc in a research report on Friday, September 5th. Finally, JPMorgan Chase & Co. lifted their price target on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 1,188.67.

About Rolls-Royce Holdings plc

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.