Rolls-Royce Holdings plc (LON:RR) Insider Tufan Erginbilgic Sells 9,468 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 9,468 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of GBX 970 ($13.33), for a total transaction of £91,839.60 ($126,205.30).

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

• 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 ($11.79), for a total value of £84,864.78 ($116,620.56).
• On Monday, April 28th, Tufan Erginbilgic sold 9,683 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 754 ($10.36), for a total transaction of £73,009.82 ($100,329.56).

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 967.60 ($13.30) on Wednesday. The firm has a market capitalization of £82.99 billion, a P/E ratio of 35.27, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 ($2.70) and a 1-year high of GBX 537.20 ($7.38). The company’s 50-day moving average is GBX 838.24 and its 200 day moving average is GBX 721.75.

Analysts Set New Price Targets

Several research firms have recently commented on RR. Shore Capital reaffirmed a “hold” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 1st. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 900 ($12.37) target price on shares of Rolls-Royce Holdings plc in a report on Friday, March 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 692.50 ($9.52).

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.