Redwire (NYSE: RDW) has recently received a number of price target changes and ratings updates:
- 3/12/2025 – Redwire had its price target lowered by analysts at B. Riley from $27.00 to $25.00. They now have a “neutral” rating on the stock.
- 3/12/2025 – Redwire had its “buy” rating reaffirmed by analysts at HC Wainwright. They now have a $26.00 price target on the stock.
- 3/11/2025 – Redwire had its “buy” rating reaffirmed by analysts at Alliance Global Partners.
- 3/11/2025 – Redwire had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $28.00 price target on the stock.
- 1/27/2025 – Redwire was upgraded by analysts at B. Riley from a “neutral” rating to a “buy” rating. They now have a $27.00 price target on the stock, up previously from $9.50.
Redwire Stock Down 10.7 %
Shares of NYSE:RDW opened at $9.87 on Friday. Redwire Co. has a twelve month low of $3.39 and a twelve month high of $26.66. The stock’s 50 day moving average is $17.12 and its 200-day moving average is $12.96. The firm has a market capitalization of $745.53 million, a price-to-earnings ratio of -8.15 and a beta of 2.33.
Insider Buying and Selling at Redwire
In other Redwire news, major shareholder Park Lp Genesis II sold 72,415 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $17.90, for a total transaction of $1,296,228.50. Following the completion of the sale, the insider now directly owns 4,422,853 shares of the company’s stock, valued at approximately $79,169,068.70. The trade was a 1.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 594,584 shares of company stock worth $12,156,101. 2.60% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft.
Recommended Stories
- Five stocks we like better than Redwire
- What Are Dividend Contenders? Investing in Dividend Contenders
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Top 3 Beverage Stocks Pouring Out Profits
- 3 Warren Buffett Stocks to Buy Now
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for Redwire Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redwire Co and related companies with MarketBeat.com's FREE daily email newsletter.