Insider Selling: Ford Motor Company (F) Insider Sells 10,752 Shares of Stock
Ford Motor Company (NYSE:F) insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the sale, the insider now owns 101,159 shares in the company, valued at approximately $1,246,278.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Ford Motor Company (NYSE F) traded up $0.15 during trading hours on Thursday, reaching $12.53. The company’s stock had a trading volume of 25,409,920 shares, compared to its average volume of 37,665,285. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. The company has a market capitalization of $49,375.71, a price-to-earnings ratio of 7.40, a price-to-earnings-growth ratio of 0.64 and a beta of 1.24. Ford Motor Company has a 12-month low of $10.47 and a 12-month high of $13.27.
Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.10. The firm had revenue of $33.65 billion for the quarter, compared to analyst estimates of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 earnings per share. equities research analysts forecast that Ford Motor Company will post 1.81 earnings per share for the current fiscal year.
Several analysts recently issued reports on F shares. Instinet lowered Ford Motor from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $14.80 to $11.60 in a report on Wednesday, August 9th. BidaskClub lowered Ford Motor from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Berenberg Bank set a $10.00 target price on Ford Motor and gave the stock a “sell” rating in a report on Monday, August 14th. Royal Bank Of Canada reiterated a “buy” rating on shares of Ford Motor in a report on Tuesday, August 15th. Finally, Buckingham Research reiterated a “hold” rating and set a $11.00 target price on shares of Ford Motor in a report on Thursday, August 24th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $12.61.
Several institutional investors have recently bought and sold shares of F. Caxton Associates LP acquired a new position in shares of Ford Motor in the first quarter valued at approximately $446,000. Harbour Capital Advisors LLC acquired a new position in shares of Ford Motor in the first quarter valued at approximately $134,000. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in Ford Motor by 31.6% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 205,630 shares of the auto manufacturer’s stock worth $2,394,000 after buying an additional 49,330 shares in the last quarter. 10 15 Associates Inc. grew its position in Ford Motor by 3.0% during the first quarter. 10 15 Associates Inc. now owns 14,380 shares of the auto manufacturer’s stock worth $167,000 after buying an additional 416 shares in the last quarter. Finally, Private Advisory Group LLC acquired a new stake in Ford Motor during the first quarter worth approximately $1,189,000. 53.78% of the stock is currently owned by institutional investors.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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