Swiss National Bank Cuts Stock Holdings in The Boeing Company $BA

robot
Abstract generation in progress

The Swiss National Bank recently reduced its stake in The Boeing Company by 4.6% during the third quarter, selling 104,200 shares and now owning 2,173,500 shares valued at approximately $469.1 million. This reduction comes amid other institutional investors modifying their positions in Boeing, insider trading activity, and various analyst ratings which collectively give Boeing a “Moderate Buy” consensus. Recent news impacting Boeing includes a director acquiring shares, an SVP selling shares, discussions about a potential jet sale to China, and program risks related to U.S. Space Force rocket launches and a NASA moon rocket contract.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin