New insider activity at Woodward ( (WWD) ) has taken place on February 22, 2025.
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Executive Chairperson Gregg Sengstack recently made headlines by selling 5,000 shares of Woodward stock, a transaction valued at an impressive $957,305.
Recent Updates on WWD stock
Woodward reported mixed results in its Q1 earnings call, with significant achievements in the aerospace segment, which grew by 7%, driven by commercial aftermarket and defense OEM sales increases. However, challenges included a 33% decline in China on-highway sales and a 10% drop in commercial OEM sales due to a Boeing work stoppage. Despite these hurdles, Woodward’s operational improvements and strategic acquisition of Safran Electronics & Defense’s business aim to bolster long-term growth. UBS and Wells Fargo raised their price targets, citing Woodward’s strong start to fiscal 2025 and potential in the aerospace sector, while reaffirming the company’s guidance. The revised price targets reflect confidence in Woodward’s strategic execution and market positioning, despite economic challenges.
More about Woodward
YTD Price Performance: 14.33%
Average Trading Volume: 476,772
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.28B