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

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 7,763 shares of the company’s stock in a transaction on Monday, July 28th. The shares were sold at an average price of GBX 985 ($13.15), for a total value of £76,465.55 ($102,117.45).

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 stock was sold at an average price of GBX 970 ($12.95), for a total transaction of £91,839.60 ($122,649.04).
• On Tuesday, May 27th, Tufan Erginbilgic sold 9,891 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 858 ($11.46), for a total transaction of £84,864.78 ($113,334.38).

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 981.40 ($13.11) on Wednesday. The business has a 50 day simple moving average of GBX 920.15 and a 200 day simple moving average of GBX 777.58. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.62) and a one year high of GBX 537.20 ($7.17). The company has a market capitalization of £84.17 billion, a PE ratio of 35.77, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

Analyst Ratings Changes

RR has been the topic of several analyst reports. Shore Capital restated a “hold” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, May 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,040 ($13.89) price target on shares of Rolls-Royce Holdings plc in a report on Monday, July 7th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 727.50 ($9.72).

About Rolls-Royce Holdings plc

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.