tiprankstipranks
Top RTX Executive Cashes Out Over a Million in Stock!
Insider Trading

Top RTX Executive Cashes Out Over a Million in Stock!

New insider activity at RTX ( (RTX) ) has taken place on February 7, 2025.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Executive Vice President of Human Resources, Dantaya M Williams, recently made a significant move by selling 14,031 shares of RTX stock, amounting to a total value of $1,813,226. This transaction highlights a noteworthy shift in Williams’ investment strategy.

Recent Updates on RTX stock

RTX Corporation has faced recent developments impacting its stock. The company disclosed potential risks related to litigation and legal liabilities, specifically concerning compliance with deferred prosecution agreements and SEC orders, which could significantly affect its business operations and financial stability. Analysts have adjusted price targets for RTX, largely in reaction to the company’s strong earnings report for 2024 and its optimistic outlook for 2025, coupled with improvements in productivity and a favorable macroeconomic environment. Additionally, RTX’s Collins Aerospace division secured a significant follow-on contract, enhancing revenue projections. Leadership changes were also announced, with Gregory J. Hayes stepping down as Executive Chairman, and Christopher T. Calio set to take over as Chairman, aiming to maintain the company’s strategic priorities and growth momentum.

More about RTX

YTD Price Performance: 11.34%

Average Trading Volume: 4,556,303

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $172.1B