Tufan Erginbilgic Sells 4,862 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 4,862 shares of the stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of GBX 1,232, for a total transaction of £59,899.84.

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

• On Monday, December 22nd, Tufan Erginbilgic sold 4,986 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,164, for a total transaction of £58,037.04.
• On Friday, November 28th, Tufan Erginbilgic sold 6,128 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 1,065, for a total transaction of £65,263.20.

Rolls-Royce Holdings plc Stock Performance

Shares of RR stock opened at GBX 1,240 on Thursday. The company has a market capitalization of £106.35 billion, a PE ratio of 45.20, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The business’s fifty day moving average is GBX 1,159.29 and its 200 day moving average is GBX 1,118.70.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Rolls-Royce Holdings plc to a “hold” rating and boosted their price objective for the stock from GBX 240 to GBX 1,080 in a report on Monday, October 20th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,161.50.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.