Rolls-Royce Holdings plc (LON:RR) Insider Buys £1,821.72 in Stock

Key Points

• Wendy Mars, an insider at Rolls-Royce, purchased 188 shares at £1,821.72, reflecting confidence in the company's future performance despite recent stock volatility.
• Rolls-Royce Holdings plc stock has seen a twelve-month low of GBX 196.45 and a high of GBX 537.20, with a market capitalization of £91.90 billion.
• Analysts raised their price targets for Rolls-Royce, with JPMorgan increasing theirs to GBX 1,245, suggesting strong future performance potential in the sector.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Wendy Mars bought 188 shares of the firm's stock in a transaction dated Thursday, August 7th. The stock was acquired at an average cost of GBX 969 ($13.13) per share, with a total value of £1,821.72 ($2,469.12).

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

• On Monday, June 9th, Wendy Mars acquired 209 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 875 ($11.86) per share, with a total value of £1,828.75 ($2,478.65).

Rolls-Royce Holdings plc Stock Performance

Shares of LON RR traded up GBX 20 ($0.27) during midday trading on Friday, reaching GBX 1,101.50 ($14.93). The company's stock had a trading volume of 12 shares. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 ($2.66) and a fifty-two week high of GBX 537.20 ($7.28). The business's 50 day moving average price is GBX 975.67 and its two-hundred day moving average price is GBX 819.41. The company has a market cap of £94.47 billion, a P/E ratio of 40.15, a P/E/G ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported GBX 15.74 ($0.21) earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. Sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Citigroup lifted their price objective on Rolls-Royce Holdings plc from GBX 641 ($8.69) to GBX 1,101 ($14.92) and gave the company a "neutral" rating in a research report on Monday. Deutsche Bank Aktiengesellschaft lifted their price objective on Rolls-Royce Holdings plc from GBX 1,000 ($13.55) to GBX 1,220 ($16.54) and gave the company a "buy" rating in a research report on Thursday, August 7th. JPMorgan Chase & Co. lifted their price objective on Rolls-Royce Holdings plc from GBX 1,040 ($14.10) to GBX 1,245 ($16.87) and gave the company an "overweight" rating in a research report on Monday. Finally, Shore Capital reissued a "hold" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, July 31st. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of GBX 976.20 ($13.23).

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.