Investors Purchase High Volume of Call Options on Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ)

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ – Get Free Report) was the target of some unusual options trading activity on Wednesday. Traders purchased 8,018 call options on the stock. This represents an increase of 694% compared to the average daily volume of 1,010 call options.

Embraer-Empresa Brasileira de Aeronautica Price Performance

Shares of Embraer-Empresa Brasileira de Aeronautica stock opened at $75.39 on Friday. The firm has a market cap of $13.62 billion, a PE ratio of 30.52, a price-to-earnings-growth ratio of 1.72 and a beta of 1.44. Embraer-Empresa Brasileira de Aeronautica has a 12-month low of $53.56 and a 12-month high of $80.75. The company has a quick ratio of 0.72, a current ratio of 1.44 and a debt-to-equity ratio of 0.61. The company’s fifty day simple moving average is $68.40 and its two-hundred day simple moving average is $64.84.

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Institutional Trading of Embraer-Empresa Brasileira de Aeronautica

Large investors have recently modified their holdings of the business. Ascentis Independent Advisors bought a new position in Embraer-Empresa Brasileira de Aeronautica during the 1st quarter valued at approximately $27,000. 1620 Investment Advisors Inc. bought a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth approximately $44,000. Gen Wealth Partners Inc bought a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth approximately $74,000. Bruce G. Allen Investments LLC purchased a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the fourth quarter valued at approximately $90,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 98.2% during the first quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company’s stock valued at $70,000 after acquiring an additional 747 shares in the last quarter. 34.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

EMBJ has been the topic of a number of recent research reports. Wall Street Zen raised Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 23rd. Scotiabank initiated coverage on Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, June 8th. They set a “sector outperform” rating and a $81.00 price target on the stock. Weiss Ratings raised Embraer-Empresa Brasileira de Aeronautica from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Finally, JPMorgan Chase & Co. boosted their price objective on Embraer-Empresa Brasileira de Aeronautica from $80.00 to $104.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $80.00.

View Our Latest Analysis on Embraer-Empresa Brasileira de Aeronautica

Embraer-Empresa Brasileira de Aeronautica Company Profile

(Get Free Report)

Embraer SA (NYSE:EMBJ), legally known as Embraer – Empresa Brasileira de Aeronáutica SA, is a global aerospace company headquartered in São José dos Campos, Brazil. The company designs, develops, manufactures and sells commercial, executive, defence and agricultural aircraft. Embraer’s product portfolio includes the popular E-Jets family for regional and short-haul carriers, the advanced E2 series, a range of business jets under the Phenom, Legacy and Praetor brands, the A-29 Super Tucano military trainer and light attack aircraft, the C-390 Millennium multi-mission transport platform, and the Ipanema agricultural aircraft.

Embraer’s commercial aviation segment focuses on regional airlines and air taxi operators, offering aircraft that seat between 70 and 150 passengers.

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