Applied Aerospace & Defense (NYSE:AADX) Upgraded to Sell at Wall Street Zen

Applied Aerospace & Defense (NYSE:AADX) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a research note issued on Saturday.

Applied Aerospace & Defense Stock Down 7.7%

Shares of NYSE AADX opened at $20.38 on Friday. Applied Aerospace & Defense has a 1 year low of $17.08 and a 1 year high of $23.00.

Insider Transactions at Applied Aerospace & Defense

In related news, CFO Jeffrey L. Mcrae bought 25,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was bought at an average cost of $20.00 per share, with a total value of $500,000.00. Following the completion of the purchase, the chief financial officer owned 25,000 shares of the company’s stock, valued at approximately $500,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Susan D. Lynch bought 8,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average cost of $20.00 per share, with a total value of $160,000.00. Following the completion of the purchase, the director directly owned 8,000 shares of the company’s stock, valued at $160,000. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 58,500 shares of company stock valued at $1,170,000 over the last three months.