Stratos Wealth Partners Sells 790 Shares of Howmet Aerospace

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Howmet Aerospace Intrinsic Value – Howmet Aerospace ($NYSE:HWM) Inc. is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. Stratos Wealth Partners LTD. has sold 790 shares of Howmet Aerospace Inc., a move that follows a recent trend of insider selling at the company.

However, the company has also been on a tear lately, with its stock up more than 30% in the last year. Despite the recent insider selling, Howmet Aerospace remains a strong company with a bright future. Its stock is still a bargain compared to its peers, and it should continue to outperform the market in the years to come.

Share Price

On Friday, Howmet Aerospace stock opened at $32.9 and closed at $32.5, down by 2.0% from previous closing price of 33.2. Right now, media exposure is mostly positive, with most recent news being the stratos wealth partners selling 790 shares. Howmet Aerospace is engaged in the design, development, manufacture and service of engineered metal components and assemblies for the aerospace industry.

The company operates through three segments: Engine Components, Airframe Components and Industrial Gas Turbine Components. Its products include investment castings, forgings, fasteners and fastener systems, powder metals, aluminum and titanium structural components, and coatings.

VI Analysis – Howmet Aerospace Intrinsic Value Calculator

The intrinsic value of HOWMET AEROSPACE share is around $24.7, calculated by VI Line. The company’s fundamentals reflect its long term potential, and the VI app makes it easy to see how this value is arrived at. The stock is currently trading at $32.5, which is 32% higher than the intrinsic value, indicating that it may be overvalued.

Summary

Howmet Aerospace was the recipient of a large decrease in short interest in the month of June. A number of analysts have recently issued reports on HWM shares. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The disclosure for this sale can be found here. Howmet Aerospace Inc., through its subsidiaries, engages in the design, manufacture, and service of engineered metal components and assemblies for use in howmet aerospace transportation and industrial applications worldwide.

It operates through four segments: Engine Components,Airframe Components. Titanium & Specialty Metals,Airframe Components. Aluminum and Castings, and Commercial Transportation. The Engine Components segment produces airfoil castings, rings and discs, vanes and blades, aftermarket services, turbine engine forgings, and industrial gas turbine forgings for use in jet engine applications.