Nicolas G. Schuck, Corporate Vice President, Controller & Chief Accounting Officer at Huntington Ingalls Industries (NYSE:HII), recently made significant transactions involving the company’s stock. According to a recent SEC filing, Schuck sold 750 shares of Huntington Ingalls’ common stock on March 6, 2025, at an average price of $189.555 per share, totaling $142,166. Following this sale, Schuck holds 2,884.132 shares directly.
In addition to the sale, Schuck acquired 3,108.6497 shares of a derivative security, specifically SEP, at a price of $193.93 per share. This acquisition increased his holdings to 5,172.9024 shares post-transaction. These transactions reflect Schuck’s ongoing involvement and adjustments to his investment in Huntington Ingalls Industries, a company with a market capitalization of $7.7 billion and a "FAIR" financial health rating. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Huntington Ingalls Industries has reported several key developments. The company achieved a significant milestone by integrating a 3D-printed valve manifold assembly into the construction of a U.S. Navy aircraft carrier, marking a major step in incorporating additive manufacturing into naval vessel production. Additionally, Huntington Ingalls secured a $70 million task order from the U.S. Air Force to enhance cybersecurity, focusing on identifying and mitigating vulnerabilities in Air Force systems. Meanwhile, analysts have adjusted their financial outlook for the company. BofA Securities reduced its price target for Huntington Ingalls from $195 to $165, maintaining an Underperform rating, while Bernstein lowered its target from $214 to $192, keeping a Market Perform rating. These adjustments follow the company’s earnings report, which revealed challenges in its shipbuilding division due to cost inflation and supply chain issues. Despite these hurdles, Huntington Ingalls continues to explore innovative solutions, such as 3D printing, to improve efficiency in shipbuilding.
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