A Director at Textron (NYSE: TXT) is Selling Shares

By Carrie Williams

Today, a Director at Textron (TXTResearch Report), Kathleen Bader, sold shares of TXT for $689.6K.

Following Kathleen Bader’s last TXT Sell transaction on February 04, 2009, the stock climbed by 57.1%. This is Bader’s first Sell trade following 4 Buy transactions.

See today’s analyst top recommended stocks >>

The company has a one-year high of $63.56 and a one-year low of $21.92. TXT’s market cap is $14.33 billion and the company has a P/E ratio of 45.30.

Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $66.00, reflecting a -4.4% downside.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Textron, Inc. is a multi-industry company, which leverages global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems; land and marine systems; weapons and sensors; and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf; Turf Care and Light Transportation Vehicles; Fuel Systems and Functional Components and Powered Tools; and Testing and Measurement Equipment product lines. The Finance segment consists of Textron Financial Corp. and its consolidated subsidiaries, which provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters. The company founded by Royal Little in 1923 and is headquartered in Providence, RI.