Today, 82,000 Shares of Ford Motor Co. (F) Stock are sold by Sankar S. Nair

Today, 82,000 Shares of Ford Motor Co. (F) Stock are sold by Sankar S. Nair

Ford Motor Co. (NYSE:F) insider Sankar S. Nair sold 82,000 shares of the stock in a transaction that occurred on Tuesday, October 4th. The stock was sold at an average price of $12.11, for a total value of $993,020.00. Following the sale, the insider now owns 32,969 shares in the company, valued at $399,254.59. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Ford Motor Co. (NYSE:F) opened at 12.39 on Friday. The firm has a market cap of $49.23 billion, a P/E ratio of 5.84 and a beta of 1.27. Ford Motor Co. has a 1-year low of $11.02 and a 1-year high of $15.84. The firm has a 50 day moving average price of $12.31 and a 200 day moving average price of $12.91.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Thursday, July 28th. The auto manufacturer reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.08. The company had revenue of $39.50 million for the quarter, compared to analyst estimates of $36.29 billion. Ford Motor had a return on equity of 30.49% and a net margin of 5.35%. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $0.47 earnings per share. Analysts anticipate that Ford Motor Co. will post $1.82 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mount Lucas Management LP boosted its stake in shares of Ford Motor by 60.3% in the first quarter. Mount Lucas Management LP now owns 1,885,747 shares of the auto manufacturer’s stock valued at $25,458,000 after buying an additional 709,103 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in shares of Ford Motor by 1.3% in the first quarter. Adage Capital Partners GP L.L.C. now owns 5,838,615 shares of the auto manufacturer’s stock valued at $78,821,000 after buying an additional 72,800 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Ford Motor by 3.3% in the first quarter. Legal & General Group Plc now owns 18,761,433 shares of the auto manufacturer’s stock valued at $253,250,000 after buying an additional 597,065 shares in the last quarter. Natixis boosted its stake in shares of Ford Motor by 1,101.7% in the first quarter. Natixis now owns 4,883,711 shares of the auto manufacturer’s stock valued at $65,930,000 after buying an additional 4,477,314 shares in the last quarter. Finally, Nuveen Asset Management LLC boosted its stake in shares of Ford Motor by 38.8% in the first quarter. Nuveen Asset Management LLC now owns 2,147,045 shares of the auto manufacturer’s stock valued at $28,986,000 after buying an additional 600,568 shares in the last quarter. Institutional investors own 56.06% of the company’s stock.

A number of equities research analysts recently commented on F shares. Deutsche Bank AG restated a “hold” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, August 17th. Goldman Sachs Group Inc. set a $15.00 price target on Ford Motor and gave the stock a “buy” rating in a research report on Thursday, July 7th. Zacks Investment Research lowered Ford Motor from a “hold” rating to a “sell” rating in a research report on Monday, July 18th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Ford Motor in a research report on Monday, September 12th. Finally, Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $13.45 price target on the stock. in a research report on Monday, July 4th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $14.07.

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