Rolls-Royce Holdings plc (LON:RR) Insider Sells £3,073,054.53 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Helen McCabe sold 400,659 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of GBX 767 ($9.91), for a total value of £3,073,054.53 ($3,972,407.61).

Helen McCabe also recently made the following trade(s):

• On Tuesday, January 7th, Helen McCabe bought 26 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 572 ($7.39) per share, with a total value of £148.72 ($192.24).

Rolls-Royce Holdings plc Stock Performance

LON:RR opened at GBX 796.40 ($10.29) on Monday. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.54) and a one year high of GBX 537.20 ($6.94). The stock has a market cap of £68.30 billion, a PE ratio of 29.03, a P/E/G ratio of 0.55 and a beta of 1.82. The stock has a 50 day moving average price of GBX 637.88 and a 200 day moving average price of GBX 576.25.

Rolls-Royce Holdings plc (LON:RR) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX 20.29 ($0.26) EPS for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. As a group, analysts predict 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 brokerages have commented on RR. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 900 ($11.63) target price on shares of Rolls-Royce Holdings plc in a report on Thursday, March 6th. Shore Capital cut Rolls-Royce Holdings plc to a “hold” rating in a report on Tuesday, March 11th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 692.50 ($8.95).

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.