Rep. Julie Johnson Sells Off Shares of The Boeing Company (NYSE:BA)

Representative Julie Johnson (D-Texas) recently sold shares of The Boeing Company (NYSE:BA). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Boeing stock on April 1st. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Boeing Stock Down 0.2%

Shares of Boeing stock traded down $0.36 during mid-day trading on Friday, reaching $205.88. 8,432,495 shares of the stock traded hands, compared to its average volume of 9,225,298. The business has a 50-day moving average of $171.81 and a 200 day moving average of $168.65. The Boeing Company has a fifty-two week low of $128.88 and a fifty-two week high of $209.66. The stock has a market capitalization of $155.23 billion, a PE ratio of -11.24 and a beta of 1.41.

Boeing (NYSE:BA) last posted its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) EPS for the quarter, beating the consensus estimate of ($1.39) by $0.90. The company had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. During the same period in the prior year, the business posted ($1.13) EPS. Boeing’s revenue for the quarter was up 17.7% compared to the same quarter last year. On average, equities research analysts expect that The Boeing Company will post -2.58 EPS for the current fiscal year.

Insider Transactions at Boeing

In other Boeing news, EVP Jeffrey S. Shockey sold 3,205 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $202.87, for a total transaction of $650,198.35. Following the completion of the sale, the executive vice president now directly owns 20,513 shares of the company’s stock, valued at $4,161,472.31. This represents a 13.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP David Christopher Raymond sold 3,899 shares of the company’s stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $187.01, for a total value of $729,151.99. Following the sale, the executive vice president now directly owns 42,513 shares of the company’s stock, valued at approximately $7,950,356.13. This represents a 8.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,263 shares of company stock valued at $1,950,150. 0.09% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

BA has been the subject of several recent research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $200.00 price target on shares of Boeing in a report on Wednesday, April 23rd. Melius raised Boeing from a “hold” rating to a “buy” rating in a report on Monday, March 24th. UBS Group increased their price target on Boeing from $207.00 to $226.00 and gave the company a “buy” rating in a report on Friday, May 9th. TD Securities reiterated a “buy” rating and issued a $180.00 price objective on shares of Boeing in a research report on Thursday, April 24th. Finally, Melius Research set a $204.00 target price on Boeing in a research note on Monday, March 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $204.35.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sierra Ocean LLC acquired a new position in shares of Boeing during the 4th quarter worth about $26,000. American National Bank & Trust boosted its position in shares of Boeing by 474.1% during the 1st quarter. American National Bank & Trust now owns 155 shares of the aircraft producer’s stock worth $26,000 after acquiring an additional 128 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new position in shares of Boeing during the 4th quarter worth about $27,000. Fiduciary Advisors Inc. acquired a new position in shares of Boeing during the 4th quarter worth about $28,000. Finally, HighMark Wealth Management LLC boosted its position in shares of Boeing by 121.6% during the 4th quarter. HighMark Wealth Management LLC now owns 164 shares of the aircraft producer’s stock worth $29,000 after acquiring an additional 90 shares in the last quarter. 64.82% of the stock is owned by institutional investors and hedge funds.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Boeing Company Profile

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.