Orbital ATK, Inc. (NYSE:OA) insider Frank L. Jr. Culbertson sold 200 shares of the company’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $108.39, for a total value of $21,678.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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 value 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 value 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 value of $20,382.00.

Orbital ATK, Inc. (NYSE OA) traded up 0.13% on Tuesday, hitting $132.42. 2,869,082 shares of the company’s stock traded hands. Orbital ATK, Inc. has a one year low of $71.52 and a one year high of $133.39. The stock has a 50-day moving average of $107.96 and a 200-day moving average of $101.47. The stock has a market cap of $7.63 billion, a PE ratio of 27.56 and a beta of -0.34.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.97%.

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A number of equities research analysts have issued reports on the company. Zacks Investment Research lowered Orbital ATK from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. TheStreet upgraded Orbital ATK from a “c” rating to a “b” rating in a research note on Monday, August 28th. BidaskClub upgraded Orbital ATK from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. ValuEngine upgraded Orbital ATK from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a $106.00 price target on shares of Orbital ATK in a research note on Monday, June 5th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Orbital ATK presently has a consensus rating of “Buy” and a consensus price target of $108.56.

Hedge funds have recently added to or reduced their stakes in the company. Gilder Gagnon Howe & Co. LLC increased its stake in shares of Orbital ATK by 3.5% during the first quarter. Gilder Gagnon Howe & Co. LLC now owns 1,037 shares of the aerospace company’s stock worth $102,000 after purchasing an additional 35 shares in the last quarter. CENTRAL TRUST Co increased its stake in shares of Orbital ATK by 9.6% during the second quarter. CENTRAL TRUST Co now owns 1,143 shares of the aerospace company’s stock worth $112,000 after purchasing an additional 100 shares in the last quarter. Stephens Inc. AR increased its stake in shares of Orbital ATK by 6.1% during the first quarter. Stephens Inc. AR now owns 1,253 shares of the aerospace company’s stock worth $123,000 after purchasing an additional 72 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of Orbital ATK during the second quarter worth about $128,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Orbital ATK by 23.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,207 shares of the aerospace company’s stock worth $216,000 after purchasing an additional 413 shares in the last quarter. 85.39% of the stock is owned by institutional investors and hedge funds.

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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