The VP of General Dynamics Corp (NYSE: GD) is Buying Shares

Today, the VP of General Dynamics Corp (GDResearch Report), Mark Lagrand Burns, bought shares of GD for $28.37K.

Following Mark Lagrand Burns’ last GD Buy transaction on August 11, 2015, the stock climbed by 42.1%.

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Based on General Dynamics Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $9.56 billion and quarterly net profit of $806 million. In comparison, last year the company earned revenue of $9.19 billion and had a net profit of $786 million. The company has a one-year high of $207.72 and a one-year low of $143.87. GD’s market cap is $52.37B and the company has a P/E ratio of 16.12.

Starting in April 2019, GD received 4 Buy ratings in a row.

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General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military services. It is organized into four business segments: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems.