Redwire Target of Unusually Large Options Trading (NYSE:RDW)

Key Points

• Unusually large call buying: Traders purchased 23,986 call options on Redwire on Friday, roughly a 59% increase versus the average, coinciding with a $1.19 intraday rise to $8.79 and elevated volume (17.48M vs. avg 13.58M).
• Notable insider purchases: EVP Aaron Michael Futch bought 18,410 shares at $5.45 and CEO Peter A. Cannito Jr. bought 32,155 shares at $6.21, with insiders acquiring 56,065 shares (~$330K) last quarter and now owning about 2.6% of the company.
• Mixed analyst and institutional signals: Institutions (e.g., Goldman, AQR) have boosted positions while analysts are split — consensus rating is "Hold" with a $12.50 target and individual price targets ranging roughly $8–$15.

Redwire Corporation (NYSE:RDW - Get Free Report) was the recipient of unusually large options trading activity on Friday. Traders purchased 23,986 call options on the stock. This represents an increase of approximately 59% compared to the average volume of 15,072 call options.

Insider Activity at Redwire

In other news, EVP Aaron Michael Futch purchased 18,410 shares of Redwire stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average price of $5.45 per share, for a total transaction of $100,334.50. Following the transaction, the executive vice president owned 88,704 shares in the company, valued at $483,436.80. The trade was a 26.19% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Peter Anthony Cannito, Jr. acquired 32,155 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average cost of $6.21 per share, for a total transaction of $199,682.55. Following the completion of the transaction, the chief executive officer directly owned 526,728 shares of the company's stock, valued at $3,270,980.88. This represents a 6.50% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 56,065 shares of company stock worth $330,047 in the last quarter. 2.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in Redwire by 125.0% in the 1st quarter. AQR Capital Management LLC now owns 51,437 shares of the company's stock valued at $426,000 after buying an additional 28,576 shares during the period. Sender Co & Partners Inc. acquired a new stake in shares of Redwire in the 1st quarter valued at approximately $230,000. Goldman Sachs Group Inc. grew its position in Redwire by 352.8% during the first quarter. Goldman Sachs Group Inc. now owns 355,265 shares of the company's stock worth $2,945,000 after buying an additional 276,814 shares during the period. Bluefin Capital Management LLC purchased a new position in shares of Redwire in the first quarter valued at $167,000. Finally, Strs Ohio purchased a new stake in Redwire in the 1st quarter valued at approximately $69,000. 8.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on RDW. Industrial Alliance Securities set a $9.00 target price on Redwire in a research note on Thursday, November 6th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Redwire in a research note on Wednesday, October 8th. Truist Financial lowered their target price on Redwire from $11.00 to $8.00 and set a "hold" rating for the company in a report on Friday, November 7th. Roth Capital reiterated a "buy" rating and issued a $15.00 price objective on shares of Redwire in a report on Thursday, November 6th. Finally, Canaccord Genuity Group lowered their target price on Redwire from $17.50 to $11.00 and set a "buy" rating on the stock in a research report on Wednesday, November 12th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Redwire currently has a consensus rating of "Hold" and a consensus target price of $12.50.

Redwire Stock Performance

NYSE:RDW traded up $1.19 during trading hours on Friday, reaching $8.79. The company had a trading volume of 17,483,410 shares, compared to its average volume of 13,577,814. The firm has a market cap of $1.45 billion, a PE ratio of -2.76 and a beta of 2.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.41 and a quick ratio of 1.05. The business's 50 day moving average price is $6.68 and its 200-day moving average price is $10.05. Redwire has a 1-year low of $4.87 and a 1-year high of $26.66.

Redwire Company Profile

Redwire Corporation is a space infrastructure company specializing in the design, engineering and manufacturing of mission-critical hardware and software for the spaceflight industry. The company's offerings include deployable structures, solar power systems, radio frequency antennas, advanced composites and transparent optics. Redwire serves a broad customer base that spans civil space agencies, national defense organizations and commercial satellite operators, helping enable missions ranging from communications and Earth observation to deep-space exploration.

Formed through the strategic combination of several specialized space technology firms, Redwire's portfolio encompasses both flight-proven hardware and cutting-edge in-space manufacturing capabilities.

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