Insider Buying: Boeing (NYSE:BA) Director Buys $510,438.50 in Stock

The Boeing Company (NYSE:BA) Director Steven Mollenkopf bought 2,950 shares of the firm’s stock in a transaction on Friday, October 30th. The shares were purchased at an average cost of $173.03 per share, with a total value of $510,438.50. Following the transaction, the director directly owned 6,717 shares in the company, valued at approximately $1,162,242.51. This trade represents a 78.31% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Boeing Trading Down 1.1%

Boeing stock traded down $1.94 during mid-day trading on Tuesday, hitting $173.46. 6,962,453 shares of the stock were exchanged, compared to its average volume of 10,034,751. The Boeing Company has a 12 month low of $165.01 and a 12 month high of $254.35. The company has a quick ratio of 0.34, a current ratio of 1.13 and a debt-to-equity ratio of 6.31. The firm’s fifty day simple moving average is $194.60 and its two-hundred day simple moving average is $216.52.

Boeing (NYSE:BA) last posted its quarterly earnings data on Tuesday, October 27th. The aircraft producer reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.09). Boeing had a negative return on equity of 42.40% and a net margin of 7.98%. The firm had revenue of $24.19 billion for the quarter, compared to analyst estimates of $23.95 billion. During the same quarter last year, the company earned ($7.47) earnings per share. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, equities analysts predict that The Boeing Company will post -1.72 earnings per share for the current year.

Key Stories Impacting Boeing

Here are the key news stories impacting Boeing this week:

• Positive Sentiment: Boeing and Icelease agreed to convert one 767-300 into a freighter, with options for two more. The first conversion is expected to be delivered in the second quarter of 2027, adding business and demonstrating demand for Boeing’s freighter-conversion services. Boeing and Icelease Sign Agreement for up to Three 767-300 Boeing Converted Freighters
• Positive Sentiment: One outlook article argues that Boeing’s updated guidance may be conservative and that executing its plans for 2027 and beyond could give the stock upside. It also identifies 777X certification and first delivery as potential milestones that could reduce uncertainty. Where Will Boeing Stock Be by This Time Next Year?
• Neutral Sentiment: Boeing has a record reported backlog, including a substantial defense pipeline, and the 737-10 received FAA certification. However, the company continued to report losses, so the backlog and certification have yet to resolve concerns about profitability and execution. Is Defense Backlog Growth Altering The Investment Case For Boeing?
• Negative Sentiment: A report says Emirates is concerned about the long-running 777X delay. Continued schedule uncertainty could undermine customer confidence and keep pressure on Boeing’s recovery narrative. Boeing Stock Slips as Emirates Gets Concerned
• Negative Sentiment: Separate articles note that Boeing pushed back its 737 MAX production and delivery ramp, highlighting the ongoing risk that execution delays could hinder its recovery. Where Will Boeing Stock Be by This Time Next Year?

Hedge Funds Weigh In On Boeing

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Highland Investment Advisors LLC bought a new position in shares of Boeing in the 2nd quarter worth $26,000. Strategic Wealth Advisors LLC bought a new stake in Boeing during the 2nd quarter valued at $27,000. Bell Investment Advisors Inc bought a new stake in Boeing during the 2nd quarter valued at $29,000. Security National Bank of SO Dak acquired a new position in Boeing during the second quarter worth $30,000. Finally, Retirement Wealth Solutions LLC raised its holdings in Boeing by 3,575.0% during the third quarter. Retirement Wealth Solutions LLC now owns 147 shares of the aircraft producer’s stock worth $27,000 after buying an additional 143 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on BA shares. Oppenheimer downgraded Boeing to a “market perform” rating in a report on Wednesday, October 28th. DZ Bank reissued a “buy” rating on shares of Boeing in a research note on Thursday, August 6th. UBS Group decreased their target price on Boeing from $275.00 to $240.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. Tigress Financial boosted their price target on Boeing from $295.00 to $305.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Barclays cut their price target on Boeing from $300.00 to $250.00 and set an “overweight” rating on the stock in a report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.88.

About Boeing

The Boeing Company (NYSE: BA) is a global aerospace company that designs, manufactures and supports commercial airplanes, military aircraft, satellites, space systems and related products and services. Its offerings serve airlines, government agencies, defense organizations and other customers worldwide.

Boeing operates through three principal business areas: Commercial Airplanes, which develops and produces passenger and cargo aircraft; Defense, Space & Security, which provides military aircraft, weapons systems, satellites and space-related platforms; and Global Services, which offers parts, maintenance, training, engineering and other lifecycle support.

Founded in 1916 by William Boeing, the company has grown into one of the world’s major aerospace manufacturers.