Redwire (NYSE:RDW) Shares Down 3.9% Following Insider Selling

Redwire Corporation (NYSE:RDWGet Free Report) was down 3.9% on Wednesday after an insider sold shares in the company. The company traded as low as $8.59 and last traded at $9.0150. Approximately 20,660,387 shares were traded during trading, a decline of 37% from the average daily volume of 32,709,488 shares. The stock had previously closed at $9.38.

Specifically, Director Ae Red Holdings, Llc sold 49,985 shares of Redwire stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $10.01, for a total transaction of $500,349.85. Following the completion of the sale, the director directly owned 45,094,000 shares in the company, valued at approximately $451,390,940. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ae Red Holdings, Llc sold 1,385,507 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $10.10, for a total transaction of $13,993,620.70. Following the completion of the transaction, the director directly owned 45,143,985 shares in the company, valued at $455,954,248.50. This represents a 2.98% decrease in their position. The SEC filing for this sale provides additional information. In related news, Director Ae Red Holdings, Llc sold 11,761 shares of Redwire stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $11.18, for a total transaction of $131,487.98. Following the completion of the sale, the director owned 46,529,492 shares in the company, valued at $520,199,720.56. This trade represents a 0.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Analyst Ratings Changes

A number of brokerages have recently commented on RDW. Truist Financial set a $13.00 target price on shares of Redwire in a research report on Friday, January 9th. iA Financial set a $9.00 price objective on Redwire in a research note on Thursday, November 6th. Cantor Fitzgerald reduced their price objective on Redwire from $20.00 to $9.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. HC Wainwright reaffirmed a “buy” rating and set a $22.00 target price on shares of Redwire in a research report on Tuesday, December 23rd. Finally, KeyCorp initiated coverage on Redwire in a research report on Thursday, December 18th. They set a “sector weight” rating on the stock. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.75.

Read Our Latest Stock Report on RDW

Redwire News Summary

Here are the key news stories impacting Redwire this week:

  • Positive Sentiment: Some analysts still see upside: several firms maintain buy ratings and MarketBeat shows an average analyst target (~$13.75) well above the current level, which could support upside if sentiment stabilizes. MarketBeat RDW Coverage
  • Neutral Sentiment: Institutional ownership and company profile — Redwire remains a space-infrastructure specialist with institutional holders and a market-cap in the ~$1–1.5B range; long-term interest in the space sector can provide patient support but is not stopping near-term moves. Institutional / Company Profile
  • Negative Sentiment: Large, repeated insider sales by AE Red Holdings / AE Industrial Partners: multiple filings show millions of shares sold over recent weeks (including blocks on Feb. 9–10), increasing available supply and signaling a major shareholder is reducing exposure. This is a principal reason for downward pressure. InsiderTrades: AE Red Holdings Sales
  • Negative Sentiment: Analyst downgrade: Zacks lowered RDW from “hold” to “strong sell,” adding short-term negative sentiment and likely accelerating sell-side flows. Zacks Downgrade
  • Negative Sentiment: News coverage pointing to the slide: Benzinga and other outlets cited the combination of heavy insider selling and downgrades as direct causes for the stock’s pullback, amplifying bearish momentum among traders. Benzinga: Why RDW Is Sliding

Redwire Stock Performance

The firm’s 50 day moving average is $9.39 and its 200 day moving average is $8.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 1.41. The stock has a market cap of $1.30 billion, a P/E ratio of -2.49 and a beta of 2.45.

Hedge Funds Weigh In On Redwire

Large investors have recently made changes to their positions in the business. AQR Capital Management LLC grew its stake in Redwire by 125.0% during the 1st quarter. AQR Capital Management LLC now owns 51,437 shares of the company’s stock worth $426,000 after buying an additional 28,576 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Redwire by 352.8% in the first quarter. Goldman Sachs Group Inc. now owns 355,265 shares of the company’s stock worth $2,945,000 after acquiring an additional 276,814 shares in the last quarter. Strs Ohio purchased a new stake in shares of Redwire during the first quarter worth about $69,000. KLP Kapitalforvaltning AS increased its holdings in shares of Redwire by 149.0% during the second quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the company’s stock valued at $207,000 after acquiring an additional 7,600 shares in the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of Redwire by 10.4% in the 2nd quarter. Vontobel Holding Ltd. now owns 18,507 shares of the company’s stock valued at $302,000 after purchasing an additional 1,751 shares during the last quarter. 8.10% of the stock is owned by institutional investors and hedge funds.

About Redwire

(Get Free Report)

Redwire Corporation is a space infrastructure company specializing in the design, engineering and manufacturing of mission-critical hardware and software for the spaceflight industry. The company’s offerings include deployable structures, solar power systems, radio frequency antennas, advanced composites and transparent optics. Redwire serves a broad customer base that spans civil space agencies, national defense organizations and commercial satellite operators, helping enable missions ranging from communications and Earth observation to deep-space exploration.

Formed through the strategic combination of several specialized space technology firms, Redwire’s portfolio encompasses both flight-proven hardware and cutting-edge in-space manufacturing capabilities.

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