Rep. Bruce Westerman Purchases Shares of The Boeing Company (NYSE:BA)

Representative Bruce Westerman (R-Arkansas) recently bought shares of The Boeing Company NYSE: BA. In a filing disclosed on May 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Boeing stock on April 8th. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Boeing Stock Down 0.2%

NYSE BA traded down $0.36 on Friday, hitting $205.88. The stock had a trading volume of 8,432,495 shares, compared to its average volume of 9,210,473. The company's 50-day moving average is $170.78 and its two-hundred day moving average is $168.18. The Boeing Company has a one year low of $128.88 and a one year high of $209.66. The stock has a market cap of $155.23 billion, a price-to-earnings ratio of -11.24 and a beta of 1.41.

Boeing (NYSE:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, topping analysts' consensus estimates of ($1.39) by $0.90. The company had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. The company's revenue was up 17.7% on a year-over-year basis. During the same period in the prior year, the company posted ($1.13) earnings per share. On average, sell-side analysts anticipate that The Boeing Company will post -2.58 earnings per share for the current year.

Insider Activity at Boeing

In related news, EVP Jeffrey S. Shockey sold 3,205 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total transaction of $650,198.35. Following the transaction, the executive vice president now owns 20,513 shares in the company, valued at $4,161,472.31. The trade was a 13.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Uma M. Amuluru sold 3,159 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the sale, the executive vice president now owns 19,213 shares of the company's stock, valued at approximately $3,471,596.97. This trade represents a 14.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,263 shares of company stock worth $1,950,150 in the last ninety days. 0.09% of the stock is owned by company insiders.

Analysts Set New Price Targets

BA has been the topic of a number of research analyst reports. Wells Fargo & Company reaffirmed an "underweight" rating and set a $140.00 target price (up from $111.00) on shares of Boeing in a report on Wednesday, April 23rd. Cowen reiterated a "buy" rating on shares of Boeing in a report on Wednesday, May 7th. Sanford C. Bernstein upgraded shares of Boeing from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $181.00 to $218.00 in a research report on Monday, April 28th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $200.00 target price on shares of Boeing in a research report on Wednesday, April 23rd. Finally, UBS Group upped their target price on Boeing from $207.00 to $226.00 and gave the company a "buy" rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Boeing has an average rating of "Moderate Buy" and an average target price of $204.35.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BA. Monetary Management Group Inc. grew its holdings in shares of Boeing by 33.3% during the 1st quarter. Monetary Management Group Inc. now owns 200 shares of the aircraft producer's stock valued at $34,000 after purchasing an additional 50 shares during the last quarter. Heritage Financial Services LLC grew its stake in shares of Boeing by 4.2% during the first quarter. Heritage Financial Services LLC now owns 1,264 shares of the aircraft producer's stock valued at $216,000 after buying an additional 51 shares during the last quarter. Wood Tarver Financial Group LLC increased its holdings in shares of Boeing by 14.3% in the first quarter. Wood Tarver Financial Group LLC now owns 439 shares of the aircraft producer's stock worth $75,000 after buying an additional 55 shares during the period. Keynote Financial Services LLC increased its holdings in shares of Boeing by 3.8% in the fourth quarter. Keynote Financial Services LLC now owns 1,542 shares of the aircraft producer's stock worth $273,000 after buying an additional 57 shares during the period. Finally, Signature Wealth Management Partners LLC lifted its stake in shares of Boeing by 2.0% in the 1st quarter. Signature Wealth Management Partners LLC now owns 2,888 shares of the aircraft producer's stock valued at $493,000 after acquiring an additional 57 shares during the last quarter. 64.82% of the stock is currently owned by institutional investors and hedge funds.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.