Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) Director Martin Turchin sold 10,000 shares of the company’s stock in a transaction on Thursday, November 17th. The stock was sold at an average price of $20.45, for a total value of $204,500.00. Following the sale, the director now owns 95,329 shares of the company’s stock, valued at $1,949,478.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) traded down 0.49% on Friday, hitting $20.28. 75,131 shares of the stock traded hands. The stock has a 50-day moving average price of $17.66 and a 200 day moving average price of $17.85. Aerojet Rocketdyne Holdings Inc. has a 52 week low of $13.98 and a 52 week high of $20.67. The firm’s market cap is $1.42 billion.

Several large investors have recently modified their holdings of AJRD. BlackRock Institutional Trust Company N.A. raised its position in Aerojet Rocketdyne Holdings by 0.7% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,732,658 shares of the company’s stock worth $28,381,000 after buying an additional 12,781 shares in the last quarter. Renaissance Technologies LLC raised its position in Aerojet Rocketdyne Holdings by 4.6% in the first quarter. Renaissance Technologies LLC now owns 1,282,095 shares of the company’s stock worth $21,001,000 after buying an additional 55,800 shares in the last quarter. Magnetar Financial LLC acquired a new position in Aerojet Rocketdyne Holdings during the first quarter worth $381,000. BNP Paribas Arbitrage SA raised its position in Aerojet Rocketdyne Holdings by 60.0% in the second quarter. BNP Paribas Arbitrage SA now owns 27,738 shares of the company’s stock worth $507,000 after buying an additional 10,398 shares in the last quarter. Finally, Leavell Investment Management Inc. acquired a new position in Aerojet Rocketdyne Holdings during the second quarter worth $256,000. Institutional investors own 94.84% of the company’s stock.

Separately, Zacks Investment Research cut Aerojet Rocketdyne Holdings from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 3rd.

About Aerojet Rocketdyne Holdings

GenCorp Inc, incorporated in 1915, is a manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets. The Company develops and manufactures propulsion systems for defense and space applications, and armaments for precision tactical and long range weapon systems applications.

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