Stock Traders Buy High Volume of CAE Call Options (NYSE:CAE)

CAE Inc (NYSE:CAE) (TSE:CAE) was the recipient of some unusual options trading activity on Wednesday. Stock investors bought 9,627 call options on the company. This is an increase of 3,782% compared to the typical daily volume of 248 call options.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CAE. Transamerica Financial Advisors LLC lifted its holdings in shares of CAE by 170.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,267 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 799 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of CAE during the 4th quarter worth about $41,000. CIBC Private Wealth Group LLC purchased a new position in shares of CAE during the 3rd quarter worth about $42,000. Brown Brothers Harriman & Co. purchased a new position in shares of CAE during the 4th quarter worth about $47,000. Finally, Parallel Advisors LLC lifted its holdings in shares of CAE by 46.6% during the 1st quarter. Parallel Advisors LLC now owns 2,509 shares of the aerospace company’s stock worth $65,000 after acquiring an additional 797 shares during the period. 67.36% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CAE has been the topic of a number of research reports. TD Securities reissued a “buy” rating on shares of CAE in a research note on Tuesday, February 17th. Weiss Ratings cut shares of CAE from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 29th. Canaccord Genuity Group began coverage on shares of CAE in a research note on Friday, March 13th. They set a “buy” rating on the stock. Jefferies Financial Group decreased their price target on shares of CAE from $31.00 to $27.00 and set a “hold” rating on the stock in a research note on Friday, April 17th. Finally, National Bank Financial reaffirmed an “outperform” rating on shares of CAE in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CAE presently has an average rating of “Moderate Buy” and an average price target of $32.00.

CAE Trading Up 3.0%

Shares of CAE stock traded up $0.76 during mid-day trading on Wednesday, hitting $26.24. 398,842 shares of the stock were exchanged, compared to its average volume of 822,503. CAE has a twelve month low of $22.76 and a twelve month high of $34.24. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 36.95, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01. The company has a 50-day simple moving average of $25.95 and a 200 day simple moving average of $28.49. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55.

CAE (NYSE:CAE) (TSE:CAE) last announced its quarterly earnings data on Thursday, May 21st. The aerospace company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. The business had revenue of $953.79 million for the quarter, compared to analyst estimates of $924.83 million. CAE had a net margin of 6.36% and a return on equity of 7.45%. The company’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. CAE has set its FY 2027 guidance at 0.880-0.930 EPS. Research analysts forecast that CAE will post 0.88 EPS for the current year.

CAE Company Profile

CAE Inc is a global leader in training and simulation technologies, headquartered in Montréal, Canada. The company specializes in the design and manufacture of high-fidelity flight simulators and training systems for civil aviation, defense and security, and healthcare markets. Leveraging advanced software and hardware integration, CAE delivers comprehensive training solutions that address pilot proficiency, mission readiness and patient safety across a wide range of platforms.

In civil aviation, CAE partners with major airlines, aircraft manufacturers and flight schools to provide pilot training services, courseware development and crew scheduling solutions.