Applied Aerospace & Defense Target of Unusually Large Options Trading (NYSE:AADX)

Applied Aerospace & Defense, Inc. (NYSE:AADX) saw some unusual options trading on Thursday. Traders bought 8,736 call options on the stock. This is an increase of 10,554% compared to the typical volume of 82 call options.

Insider Transactions at Applied Aerospace & Defense

In other news, CFO Jeffrey L. Mcrae purchased 25,000 shares of Applied Aerospace & Defense stock in a transaction dated Thursday, June 4th. The stock was bought at an average price of $20.00 per share, with a total value of $500,000.00. Following the completion of the acquisition, the chief financial officer owned 25,000 shares in the company, valued at $500,000. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan D. Lynch purchased 8,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were acquired at an average cost of $20.00 per share, for a total transaction of $160,000.00. Following the completion of the acquisition, the director directly owned 8,000 shares of the company’s stock, valued at approximately $160,000. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 58,500 shares of company stock worth $1,170,000.

Applied Aerospace & Defense Stock Performance

Shares of NYSE AADX traded up $2.79 during mid-day trading on Thursday, reaching $21.20. The company had a trading volume of 1,041,124 shares, compared to its average volume of 2,891,652. Applied Aerospace & Defense has a 1-year low of $17.08 and a 1-year high of $21.52.