Airbus (OTCMKTS:EADSF) Shares Up 1.4% – Here’s What Happened

Airbus SE (OTCMKTS:EADSF) shares shot up 1.4% on Friday . The stock traded as high as $253.02 and last traded at $250.0002. 3,339 shares were traded during mid-day trading, an increase of 43% from the average session volume of 2,331 shares. The stock had previously closed at $246.51.

Airbus Stock Up 1.4%

The business’s 50 day simple moving average is $235.95 and its 200 day simple moving average is $227.46.

Institutional Investors Weigh In On Airbus

Several large investors have recently added to or reduced their stakes in EADSF. Generali Investments CEE investicni spolecnost a.s. lifted its stake in shares of Airbus by 9.8% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 31,498 shares of the company’s stock valued at $7,337,000 after purchasing an additional 2,820 shares during the last quarter. Saranac Partners Ltd purchased a new stake in Airbus during the 3rd quarter valued at $76,000. Norman Fields Gottscho Capital Management LLC lifted its position in Airbus by 4.1% in the third quarter. Norman Fields Gottscho Capital Management LLC now owns 3,845 shares of the company’s stock worth $891,000 after buying an additional 150 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Airbus by 63.8% during the third quarter. GAMMA Investing LLC now owns 506 shares of the company’s stock worth $118,000 after buying an additional 197 shares during the period. 26.91% of the stock is owned by institutional investors.

Airbus Company Profile

Airbus (OTCMKTS:EADSF) is a European multinational aerospace corporation that designs, manufactures and delivers a broad range of commercial aircraft, helicopters, defense and space systems. The company operates through four main divisions: Commercial Aircraft, Helicopters, Defence and Space, and an integrated digital services unit. Airbus is renowned for its commercial jetliners, with product families including the single-aisle A320 series, wide-body A330, long-range A350 and the super-jumbo A380, serving airlines worldwide.

In its Helicopters division, Airbus produces a range of civil and military rotorcraft, such as the H125, H145 and H225 series, which are used in roles spanning emergency medical services, law enforcement, offshore transport and VIP transport.