Insider Selling: Ford Motor Company (F) Insider Sells $273,080.12 in Stock

Ford Motor Company (NYSE:F) insider Steven R. Armstrong sold 22,076 shares of the stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total value of $273,080.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Ford Motor Company (F) opened at 12.31 on Friday. The company has a market cap of $48.89 billion, a PE ratio of 12.96 and a beta of 1.12. Ford Motor Company has a one year low of $10.47 and a one year high of $13.27. The stock’s 50 day moving average price is $11.49 and its 200 day moving average price is $11.29.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. During the same quarter in the previous year, the firm earned $0.52 EPS. Ford Motor’s revenue was down .5% on a year-over-year basis. Equities analysts predict that Ford Motor Company will post $1.75 earnings per share for the current fiscal year.

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Several institutional investors have recently bought and sold shares of F. Maple Capital Management Inc. raised its holdings in shares of Ford Motor by 6.4% during the 1st quarter. Maple Capital Management Inc. now owns 15,754 shares of the auto manufacturer’s stock worth $183,000 after buying an additional 948 shares in the last quarter. Elkfork Partners LLC raised its holdings in shares of Ford Motor by 4.4% during the 1st quarter. Elkfork Partners LLC now owns 612,136 shares of the auto manufacturer’s stock worth $7,125,000 after buying an additional 25,568 shares in the last quarter. Suntrust Banks Inc. raised its holdings in shares of Ford Motor by 3.1% during the 1st quarter. Suntrust Banks Inc. now owns 254,003 shares of the auto manufacturer’s stock worth $2,954,000 after buying an additional 7,755 shares in the last quarter. Planning Alternatives Ltd. ADV raised its holdings in shares of Ford Motor by 48.9% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 89,724 shares of the auto manufacturer’s stock worth $1,044,000 after buying an additional 29,481 shares in the last quarter. Finally, Aspen Investment Management Inc raised its holdings in shares of Ford Motor by 2.8% during the 1st quarter. Aspen Investment Management Inc now owns 14,782 shares of the auto manufacturer’s stock worth $172,000 after buying an additional 400 shares in the last quarter. 54.35% of the stock is owned by institutional investors.

F has been the subject of several research reports. Wolfe Research initiated coverage on Ford Motor in a research report on Tuesday, June 13th. They issued a “market perform” rating for the company. Berenberg Bank set a $10.00 price objective on Ford Motor and gave the company a “sell” rating in a research report on Monday, June 12th. Bank of America Corporation reissued a “buy” rating and issued a $12.50 price objective (down from $14.00) on shares of Ford Motor in a research report on Friday, June 16th. ValuEngine cut Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Finally, Guggenheim initiated coverage on Ford Motor in a research report on Wednesday, June 21st. They issued a “neutral” rating and a $13.00 price objective for the company. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $12.46.

About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Insider Buying and Selling by Quarter for Ford Motor (NYSE:F)

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