Tufan Erginbilgic Sells 7,763 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 7,763 shares of the business’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of GBX 985 ($13.16), for a total transaction of £76,465.55 ($102,158.38).

Tufan Erginbilgic also recently made the following trade(s):

• On Monday, June 30th, Tufan Erginbilgic sold 9,468 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 970 ($12.96), for a total value of £91,839.60 ($122,698.20).
• On Tuesday, May 27th, Tufan Erginbilgic sold 9,891 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 858 ($11.46), for a total value of £84,864.78 ($113,379.80).

Rolls-Royce Holdings plc Stock Down 0.9%

Shares of LON:RR opened at GBX 977.20 ($13.06) on Tuesday. The company has a market capitalization of £83.81 billion, a P/E ratio of 35.62, a P/E/G ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 ($2.62) and a 52-week high of GBX 537.20 ($7.18). The stock’s fifty day simple moving average is GBX 916.90 and its 200-day simple moving average is GBX 776.16.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on RR. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,040 ($13.89) price target on shares of Rolls-Royce Holdings plc in a research note on Monday, July 7th. Shore Capital reissued a “hold” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 727.50 ($9.72).

Rolls-Royce Holdings plc Company Profile

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.