Rolls-Royce Holdings plc (LON:RR) Insider Purchases £1,826.56 in Stock

Key Points

• Insider purchase: Wendy Mars bought 128 Rolls-Royce shares at GBX 1,427 each, totaling £1,826.56. This follows similar purchases in August and September.
• Market performance: Shares traded down GBX 33.80 to GBX 1,404.40, while the company reported quarterly earnings of GBX 22.17 per share and a 13.11% net margin.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with five Buy ratings and one Hold rating and an average price target of GBX 1,690.33.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Wendy Mars purchased 128 shares of the stock in a transaction dated Wednesday, October 7th. The shares were purchased at an average cost of GBX 1,427 per share, for a total transaction of £1,826.56.

Wendy Mars also recently made the following trade(s):

• On Monday, September 7th, Wendy Mars acquired 123 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average price of GBX 1,490 per share, with a total value of £1,832.70.
• On Friday, August 7th, Wendy Mars bought 119 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 1,537 per share, for a total transaction of £1,829.03.

Rolls-Royce Holdings plc Stock Performance

Shares of LON RR traded down GBX 33.80 during midday trading on Thursday, reaching GBX 1,404.40. 11,597,329 shares of the stock were exchanged. The stock has a market capitalization of £120.45 billion, a P/E ratio of 51.19, a PEG ratio of 0.55 and a beta of 1.20. The company has a 50 day simple moving average of GBX 1,492.08 and a 200 day simple moving average of GBX 1,357.64. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. On average, 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 equities analysts have recently commented on RR shares. Berenberg Bank upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a "buy" rating in a report on Tuesday, August 18th. JPMorgan Chase & Co. upped their price target on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an "overweight" rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Citigroup boosted their price target on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a "neutral" rating in a research note on Monday, August 17th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of GBX 1,690.33.

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. 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.

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