Cercano Management LLC has acquired 51,990 shares of The Boeing Company (NYSE:BA) worth approximately $11.22 million during the third quarter. This move aligns with other institutional investors increasing their stakes, bringing total institutional ownership to 64.82%. Boeing recently reported strong financial results, exceeding analysts’ expectations with $9.92 EPS and $23.95 billion in revenue, leading to a “Moderate Buy” average analyst rating.
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Cercano Management LLC Acquires Shares of 51,990 The Boeing Company $BA
Cercano Management LLC has acquired 51,990 shares of The Boeing Company (NYSE:BA) worth approximately $11.22 million during the third quarter. This move aligns with other institutional investors increasing their stakes, bringing total institutional ownership to 64.82%. Boeing recently reported strong financial results, exceeding analysts’ expectations with $9.92 EPS and $23.95 billion in revenue, leading to a “Moderate Buy” average analyst rating.