Christopher D. Wampler sells 1,500 shares of Ducommun Incorporated (NYSE: DCO)

Ducommun Incorporated (NYSE:DCO – Get Rating) Chief Financial Officer Christopher D. Wampler sold 1,500 shares of the company in a trade on Tuesday, September 13. The stock was sold at an average price of $44.18, for a total value of $66,270.00. Following the transaction, the CFO now owns 21,899 shares of the company, valued at $967,497.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, accessible via this link.

Ducommun shares down 0.5%

NYSE: DCO fell $0.24 during Thursday trading hours, hitting $43.57. The company’s stock had a trading volume of 30,271 shares, compared to an average volume of 41,888. The stock has a market capitalization of $526.02 million, a P/E ratio of 4.02 and a beta of 1.27. The stock has a fifty-day moving average of $45.31 and a 200-day moving average of $47.48. The company has a current ratio of 2.79, a quick ratio of 1.85 and a debt ratio of 0.50. Ducommun Incorporated has a 52 week minimum of $40.00 and a 52 week maximum of $58.18.

Hedge funds weigh on Ducommun

Several large investors have recently bought and sold shares of DCO. Lazard Asset Management LLC bought a new position in shares of Ducommun during the first quarter worth approximately $34,000. Ellevest Inc. increased its holding in Ducommun shares by 309.0% during the second quarter. Ellevest Inc. now owns 818 shares of the aerospace company worth $35,000 after buying 618 more shares in the last quarter. Amalgamated Bank bought a new position in shares of Ducommun during the first quarter worth approximately $69,000. SG Americas Securities LLC bought a new position in shares of Ducommun during the second quarter worth approximately $113,000. Finally, Van ECK Associates Corp bought a new position in Ducommun stock during the second quarter worth approximately $153,000. Hedge funds and other institutional investors hold 85.17% of the company’s shares.

A Wall Street analyst gives his opinion

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Separately, Truist Financial cut its price target on Ducommun from $72.00 to $63.00 and set a “buy” rating on the stock in a Tuesday, July 19 research note.

About Ducommun

(Get a rating)

Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical and other industries in the United States. It operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; next-level electronic, electromechanical and mechanical components and assemblies, as well as lightning deflection systems; and radar enclosures, aircraft avionics racks, on-board communication and control enclosures, on-board communication and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning deflection strips, surge suppressors, conformal screens and other assemblies.

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