Rolls-Royce Holdings plc (LON:RR) Insider Sells £84,864.78 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 9,891 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 858 ($11.54), for a total value of £84,864.78 ($114,188.35).

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

• On Monday, April 28th, Tufan Erginbilgic sold 9,683 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 754 ($10.15), for a total value of £73,009.82 ($98,237.11).

Rolls-Royce Holdings plc Trading Down 0.8%

RR opened at GBX 851 ($11.45) on Friday. The stock has a 50-day moving average of GBX 761.10 and a 200 day moving average of GBX 669.42. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.64) and a 12 month high of GBX 537.20 ($7.23). The firm has a market cap of £72.99 billion, a P/E ratio of 31.02, a P/E/G ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR) last announced its earnings results on Thursday, February 27th. The company reported GBX 20.29 ($0.27) EPS for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. On average, research analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on RR. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 900 ($12.11) target price on shares of Rolls-Royce Holdings plc in a research report on Friday, March 28th. Shore Capital reiterated a “hold” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and an average price target of GBX 692.50 ($9.32).

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.