Rolls-Royce Holdings plc (LON:RR) Insider Tufan Erginbilgic Sells 4,155 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 4,155 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of GBX 1,314, for a total transaction of £54,596.70.

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

• On Monday, January 26th, Tufan Erginbilgic sold 4,862 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 1,232, for a total transaction of £59,899.84.
• On Monday, December 22nd, Tufan Erginbilgic sold 4,986 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,164, for a total transaction of £58,037.04.

Rolls-Royce Holdings plc Stock Performance

RR stock opened at GBX 1,363 on Friday. The business has a 50-day simple moving average of GBX 1,256.60 and a two-hundred day simple moving average of GBX 1,162.77. The company has a market capitalization of £116.90 billion, a P/E ratio of 49.69, a price-to-earnings-growth ratio of 0.55 and a beta of 1.17. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last issued its quarterly earnings data on Thursday, February 26th. The company reported GBX 29.55 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 227.54% and a net margin of 27.54%. As a group, sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on RR shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a report on Monday, February 2nd. Berenberg Bank raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,080 to GBX 1,250 and gave the company a “hold” rating in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,286.50.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.