Orbital ATK, Inc. (OA) Insider Frank L. Jr. Culbertson Sells 200 Shares of Stock

Orbital ATK, Inc. (NYSE:OA) insider Frank L. Jr. Culbertson sold 200 shares of Orbital ATK stock in a transaction on Friday, September 15th. The stock was sold at an average price of $108.39, for a total transaction of $21,678.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Frank L. Jr. Culbertson also recently made the following trade(s):

  • On Tuesday, August 15th, Frank L. Jr. Culbertson sold 200 shares of Orbital ATK stock. The stock was sold at an average price of $109.00, for a total transaction of $21,800.00.
  • On Friday, August 4th, Frank L. Jr. Culbertson sold 2,002 shares of Orbital ATK stock. The stock was sold at an average price of $105.89, for a total transaction of $211,991.78.
  • On Monday, July 17th, Frank L. Jr. Culbertson sold 200 shares of Orbital ATK stock. The stock was sold at an average price of $101.91, for a total transaction of $20,382.00.

Orbital ATK, Inc. (OA) opened at 132.42 on Wednesday. The stock’s 50 day moving average is $108.83 and its 200 day moving average is $101.75. Orbital ATK, Inc. has a one year low of $71.52 and a one year high of $133.39. The firm has a market cap of $7.63 billion, a P/E ratio of 27.56 and a beta of -0.34.

Orbital ATK (NYSE:OA) last released its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.11. Orbital ATK had a return on equity of 15.62% and a net margin of 6.11%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company posted $1.35 earnings per share. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, equities research analysts expect that Orbital ATK, Inc. will post $6.17 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.32 per share. The ex-dividend date is Friday, September 1st. This represents a $1.28 annualized dividend and a yield of 0.97%.

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A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Orbital ATK from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Stifel Nicolaus downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating in a report on Tuesday. Argus downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub raised shares of Orbital ATK from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $106.00 price objective on shares of Orbital ATK in a report on Monday, June 5th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Orbital ATK presently has an average rating of “Buy” and a consensus target price of $108.56.

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its stake in Orbital ATK by 1.3% during the second quarter. BlackRock Inc. now owns 5,157,936 shares of the aerospace company’s stock worth $507,335,000 after acquiring an additional 67,560 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Orbital ATK by 1.5% during the second quarter. Vanguard Group Inc. now owns 4,824,620 shares of the aerospace company’s stock worth $474,550,000 after purchasing an additional 72,181 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Orbital ATK by 0.4% during the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,123,788 shares of the aerospace company’s stock worth $208,131,000 after purchasing an additional 8,339 shares during the last quarter. Iridian Asset Management LLC CT grew its holdings in shares of Orbital ATK by 5.6% during the second quarter. Iridian Asset Management LLC CT now owns 1,903,390 shares of the aerospace company’s stock worth $187,217,000 after purchasing an additional 100,824 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Orbital ATK by 3.1% during the second quarter. State Street Corp now owns 1,705,419 shares of the aerospace company’s stock worth $167,746,000 after purchasing an additional 51,590 shares during the last quarter. Hedge funds and other institutional investors own 85.39% of the company’s stock.

About Orbital ATK

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

Insider Buying and Selling by Quarter for Orbital ATK (NYSE:OA)

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