Applied Aerospace & Defense Target of Unusually High Options Trading (NYSE:AADX)

Applied Aerospace & Defense, Inc. (NYSE:AADX) saw unusually large options trading activity on Thursday. Stock traders bought 8,736 call options on the stock. This is an increase of 10,554% compared to the average daily volume of 82 call options.

Applied Aerospace & Defense Trading Down 7.7%

Shares of NYSE:AADX opened at $20.38 on Friday. Applied Aerospace & Defense has a one year low of $17.08 and a one year high of $23.00.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Applied Aerospace & Defense to a “sell” rating in a report on Saturday.

Insider Buying and Selling

In other Applied Aerospace & Defense news, Director Susan D. Lynch acquired 8,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was bought at an average cost of $20.00 per share, with a total value of $160,000.00. Following the acquisition, the director owned 8,000 shares in the company, valued at approximately $160,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James C. Katzman acquired 25,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was acquired at an average cost of $20.00 per share, with a total value of $500,000.00. Following the completion of the acquisition, the director owned 29,250 shares in the company, valued at $585,000. This trade represents a 588.24% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders acquired 58,500 shares of company stock valued at $1,170,000.