Ferrovial (NASDAQ:FER) Shares Gap Down – Should You Sell?

Ferrovial SE (NASDAQ:FER)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $42.14, but opened at $39.95. Ferrovial shares last traded at $39.70, with a volume of 9,196 shares traded.

Ferrovial Trading Down 2.9 %

The stock has a 50-day simple moving average of $41.31.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FER. Susquehanna International Securities Ltd. bought a new stake in Ferrovial during the second quarter worth approximately $228,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Ferrovial in the second quarter worth $307,000. Hancock Whitney Corp bought a new stake in shares of Ferrovial during the 2nd quarter worth $352,000. Acadian Asset Management LLC acquired a new position in Ferrovial in the 2nd quarter valued at $370,000. Finally, Rathbones Group PLC bought a new position in Ferrovial in the 2nd quarter worth $483,000.

About Ferrovial

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.