Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Purchases 88 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt bought 88 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were bought at an average cost of GBX 1,255 per share, for a total transaction of £1,104.40.

Birgit Behrendt also recently made the following trade(s):

• On Monday, December 8th, Birgit Behrendt purchased 100 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,096 per share, with a total value of £1,096.
• On Friday, November 7th, Birgit Behrendt acquired 97 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 1,129 per share, for a total transaction of £1,095.13.

Rolls-Royce Holdings plc Stock Up 1.2%

Shares of LON RR traded up GBX 14.50 during midday trading on Thursday, reaching GBX 1,259. 11,895,306 shares of the stock were exchanged. The firm has a market cap of £107.98 billion, a price-to-earnings ratio of 45.89, a PEG ratio of 0.55 and a beta of 1.82. The firm has a 50-day simple moving average of GBX 1,120.66 and a two-hundred day simple moving average of GBX 1,084.62. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded shares of Rolls-Royce Holdings plc to a “hold” rating and upped their price objective for the stock from GBX 240 to GBX 1,080 in a research report on Monday, October 20th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,161.50.

Rolls-Royce Holdings plc Company Profile

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.