Airbus (OTCMKTS:EADSF) Stock Price Down 0.9% – Here’s What Happened

Airbus SE (OTCMKTS:EADSF) shares were down 0.9% on Friday . The company traded as low as $228.40 and last traded at $231.8240. Approximately 869 shares changed hands during trading, a decline of 82% from the average daily volume of 4,910 shares. The stock had previously closed at $234.00.

Airbus Stock Down 0.9%

The company’s fifty day moving average is $235.67 and its two-hundred day moving average is $222.37.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Norman Fields Gottscho Capital Management LLC grew its stake in shares of Airbus by 4.1% during the third quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock worth $891,000 after purchasing an additional 150 shares during the period. GAMMA Investing LLC boosted its holdings in Airbus by 63.8% during the third quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock worth $118,000 after buying an additional 197 shares during the last quarter. Saranac Partners Ltd bought a new position in Airbus during the third quarter worth about $76,000. Finally, Generali Investments CEE investicni spolecnost a.s. boosted its holdings in Airbus by 33.4% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 29,722 shares of the company’s stock worth $6,208,000 after buying an additional 7,443 shares during the last quarter. 26.91% of the stock is currently owned by institutional investors.

Airbus Company Profile

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.