GE Aerospace’s recently made public that its Senior Vice President Procacci Riccardo unloaded Company’s shares for reported $1.36 million on May 13 ’25. In the deal valued at $222.38 per share,6,111 shares were sold. As a result of this transaction, Procacci Riccardo now holds 16,739 shares worth roughly $3.94 million.
Then, RICCARDO PROCACCI bought 6,111 shares, generating $1,358,243 in total proceeds.
Before that, Ali Mohamed sold 1,602 shares. GE Aerospace shares valued at $321,473 were divested by the Senior Vice President at a price of $200.67 per share. As a result of the transaction, Ali Mohamed now holds 8,805 shares, worth roughly $2.07 million.
Northcoast downgraded its GE Aerospace [GE] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Redburn Atlantic began covering GE with “Buy” recommendation on February 18, 2025. Northcoast started covering the stock on January 07, 2025. It rated GE as “a Neutral”.
Price Performance Review of GE
On Monday, GE Aerospace [NYSE:GE] saw its stock jump 1.51% to $235.29. Over the last five days, the stock has gained 7.46%. GE Aerospace shares have risen nearly 41.07% since the year began. Nevertheless, the stocks have risen 43.93% over the past one year.
How much short interest is there in GE Aerospace?
A steep rise in short interest was recorded in GE Aerospace stocks on 2025-04-30, dropping by -0.44 million shares to a total of 12.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 12.89 million shares. There was a decline of -3.5%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 14, 2024 when Bernstein resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $225.
