Orbital ATK, Inc. (NYSE:OA) insider Frank L. Jr. Culbertson sold 2,002 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $105.89, for a total value of $211,991.78. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Frank L. Jr. Culbertson also recently made the following trade(s):

  • On Monday, July 17th, Frank L. Jr. Culbertson sold 200 shares of Orbital ATK stock. The shares were sold at an average price of $101.91, for a total value of $20,382.00.

Orbital ATK, Inc. (OA) traded down 0.08% during mid-day trading on Monday, reaching $106.47. The company’s stock had a trading volume of 220,906 shares. Orbital ATK, Inc. has a 52 week low of $67.04 and a 52 week high of $106.95. The company’s 50-day moving average price is $100.78 and its 200 day moving average price is $96.97. The firm has a market capitalization of $6.14 billion, a price-to-earnings ratio of 21.95 and a beta of -0.31.

Orbital ATK (NYSE:OA) last posted its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $1.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.11. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. Orbital ATK had a net margin of 6.11% and a return on equity of 15.86%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.35 earnings per share. On average, equities analysts forecast that Orbital ATK, Inc. will post $6.12 earnings per share for the current fiscal year.

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OA has been the subject of a number of research reports. Jefferies Group LLC reiterated a “buy” rating and issued a $115.00 price target on shares of Orbital ATK in a report on Wednesday, April 12th. Zacks Investment Research lowered Orbital ATK from a “hold” rating to a “sell” rating in a report on Wednesday, May 10th. Cowen and Company reiterated a “buy” rating on shares of Orbital ATK in a report on Thursday, May 11th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $106.00 price target on shares of Orbital ATK in a report on Monday, June 5th. Finally, BidaskClub upgraded Orbital ATK from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $104.68.

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in Orbital ATK by 17,832.1% in the first quarter. BlackRock Inc. now owns 5,090,376 shares of the aerospace company’s stock valued at $498,857,000 after buying an additional 5,061,989 shares during the period. Iridian Asset Management LLC CT increased its position in Orbital ATK by 46.0% in the first quarter. Iridian Asset Management LLC CT now owns 1,802,566 shares of the aerospace company’s stock valued at $176,651,000 after buying an additional 568,164 shares during the period. Clearbridge Investments LLC increased its position in Orbital ATK by 48.3% in the first quarter. Clearbridge Investments LLC now owns 1,091,495 shares of the aerospace company’s stock valued at $106,967,000 after buying an additional 355,311 shares during the period. Scout Investments Inc. increased its position in Orbital ATK by 188.8% in the first quarter. Scout Investments Inc. now owns 364,187 shares of the aerospace company’s stock valued at $31,662,000 after buying an additional 238,087 shares during the period. Finally, Vanguard Group Inc. increased its position in Orbital ATK by 5.0% in the first quarter. Vanguard Group Inc. now owns 4,752,439 shares of the aerospace company’s stock valued at $465,739,000 after buying an additional 227,516 shares during the period. Institutional investors and hedge funds own 86.42% of the company’s stock.

About Orbital ATK

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

Insider Buying and Selling by Quarter for Orbital ATK (NYSE:OA)

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