The Corp VP, Corporate Development of Huntington Ingalls (NYSE: HII) is Selling Shares

By Carrie Williams

Today, the Corp VP, Corporate Development of Huntington Ingalls (NYSE: HII), Christopher D. Kastner, sold shares of HII for $331.8K.

Following Christopher D. Kastner’s last HII Sell transaction on March 04, 2016, the stock climbed by 34.6%.

The company has a one year high of $177.10 and a one year low of $118.20. HII’s market cap is $7.79B and the company has a P/E ratio of 18.62. Currently, Huntington Ingalls has an average volume of 599.7K.

Three different firms, including Barclays and Credit Suisse, currently also have a Sell rating on the stock.

The insider sentiment on Huntington Ingalls has been neutral according to 100 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Huntington Ingalls Industries, Inc. engages in the shipbuilding business. It operates through the following segments: Ingalls, Newport News, and Other. The Ingalls segment develops and constructs non-nuclear ships, assault ships, and surface combatants. The Newport News segment designs, builds, and maintains nuclear-powered ships which include aircraft carriers and submarines. The Other segment pertains to the firm’s non-shipbuilding commercial activities. The company was founded on August 4, 2010 and is headquartered in Newport News, VA.