Boeing Company (The) (BA) has been under a strong bear grip, hence the stock is down -2.29% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.27% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.77% in the last 1 week, and is up 1.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 1.91%.
Boeing Company (The) (NYSE:BA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $131.80 and $131.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $132.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $132.39, notching a gain of 0.64% for the day. The total traded volume was 2,944,890 . The stock had closed at $131.55 on the previous day.
The company Insiders own 0.58% of Boeing Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.56% . Institutional Investors own 79.4% of Boeing Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -18.56%. In a related news,The officer (SVP, Communications) of Boeing Co, Downey Thomas J sold 6,047 shares at $134 on May 17, 2016. The Insider selling transaction had a total value worth of $810,298. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The Boeing Company, together with its subsidiaries, is an aerospace company. The Company operates through five segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network & Space Systems (N&SS), Global Services & Support (GS&S) and Boeing Capital (BCC). The Defense, Space & Security (BDS) business includes BMA, N&SS and GS&S. The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services. The BMA segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike. The N&SS segment is engaged in the research, development, production and modification of the products and related services. The GS&S segment provides a range of support solutions. The BCC segments portfolio consists of equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease and investments.