Airbus (OTCMKTS:EADSF) Trading 2% Higher – Should You Buy?

Airbus SE (OTCMKTS:EADSF) shares shot up 2% during trading on Monday . The company traded as high as $231.0442 and last traded at $230.6240. 5,133 shares were traded during trading, an increase of 26% from the average session volume of 4,074 shares. The stock had previously closed at $226.00.

Airbus Stock Up 2.0%

The business has a 50 day simple moving average of $235.49 and a 200-day simple moving average of $230.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Norman Fields Gottscho Capital Management LLC increased its stake in shares of Airbus by 4.1% in the third quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock valued at $891,000 after purchasing an additional 150 shares during the period. GAMMA Investing LLC boosted its position in shares of Airbus by 63.8% during the third quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock worth $118,000 after buying an additional 197 shares during the period. Saranac Partners Ltd bought a new position in Airbus in the 3rd quarter worth approximately $76,000. Finally, Generali Investments CEE investicni spolecnost a.s. increased its position in Airbus by 9.8% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 31,498 shares of the company’s stock valued at $7,337,000 after acquiring an additional 2,820 shares during the period. Institutional investors own 26.91% of the company’s stock.

Airbus Company Profile

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.