Airbus (OTCMKTS:EADSF) Trading Up 1.4% – Still a Buy?

Airbus SE (OTCMKTS:EADSF)’s share price traded up 1.4% on Friday . The company traded as high as $253.02 and last traded at $250.0002. 3,339 shares traded hands during mid-day trading, an increase of 43% from the average session volume of 2,331 shares. The stock had previously closed at $246.51.

Airbus Price Performance

The stock has a 50-day simple moving average of $235.95 and a 200 day simple moving average of $227.30.

Institutional Trading of Airbus

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Generali Investments CEE investicni spolecnost a.s. raised its holdings in Airbus by 33.4% during the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 29,722 shares of the company’s stock worth $6,208,000 after purchasing an additional 7,443 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Airbus by 63.8% in the 3rd quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock valued at $118,000 after purchasing an additional 197 shares during the last quarter. Norman Fields Gottscho Capital Management LLC grew its position in shares of Airbus by 4.1% during the 3rd quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock worth $891,000 after buying an additional 150 shares during the period. Finally, Saranac Partners Ltd bought a new stake in shares of Airbus during the third quarter worth approximately $76,000. 26.91% of the stock is currently owned by institutional investors and hedge funds.

About Airbus

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.