Curtiss-Wright Corp.’s Trend Up, Especially After This Options Activity

 Curtiss Wright Corp.'s Trend Up, Especially After This Options Activity

In today’s session Curtiss-Wright Corp. (CW) registered an unusually high (475) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the March, 2017 call, expecting serious CW increase. With 475 contracts traded and 254 open interest for the Mar, 17 contract, it seems this is a quite bullish bet. The option with symbol: CW170317C00100000 closed last at: $5.4 or 28.6% up. About 20,966 shares traded hands. Curtiss-Wright Corp. (NYSE:CW) has risen 27.80% since April 18, 2016 and is uptrending. It has outperformed by 23.37% the S&P500.

Curtiss-Wright Corp. (NYSE:CW) Ratings Coverage

Out of 3 analysts covering Curtiss-Wright (NYSE:CW), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Curtiss-Wright has been the topic of 5 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Curtiss-Wright Corp. (NYSE:CW) earned “Buy” rating by CL King on Friday, October 16. Deutsche Bank maintained Curtiss-Wright Corp. (NYSE:CW) rating on Monday, June 13. Deutsche Bank has “Buy” rating and $95 price target. The stock has “Buy” rating given by Deutsche Bank on Friday, July 31. The stock of Curtiss-Wright Corp. (NYSE:CW) earned “Neutral” rating by CL King on Friday, November 11. The stock of Curtiss-Wright Corp. (NYSE:CW) earned “Neutral” rating by Bank of America on Friday, November 11.

According to Zacks Investment Research, “CURTISS-WRIGHT CORP. produces precision components for the aerospace, industrial and marine companies. Aerospace components consist of control and actuation systems. Co. also provides shot-perring & heat treating for industrial markets and the target rock subsidiary produces engineered valves for the United States Navy.”

Insitutional Activity: The institutional sentiment decreased to 1.06 in 2016 Q2. Its down 0.38, from 1.44 in 2016Q1. The ratio fall, as 17 funds sold all Curtiss-Wright Corp. shares owned while 65 reduced positions. 41 funds bought stakes while 77 increased positions. They now own 33.76 million shares or 3.77% less from 35.08 million shares in 2016Q1.
Signaturefd Ltd Liability Corporation reported 79 shares or 0% of all its holdings. Manufacturers Life Ins The has invested 0.01% of its portfolio in Curtiss-Wright Corp. (NYSE:CW). The Nevada-based Whittier Trust Of Nevada Inc has invested 0% in Curtiss-Wright Corp. (NYSE:CW). Duncker Streett & Company holds 800 shares or 0.02% of its portfolio. Advisory Services Network Limited Liability Company holds 0% of its portfolio in Curtiss-Wright Corp. (NYSE:CW) for 107 shares. Vulcan Value Ptnrs Limited Liability Co, a Alabama-based fund reported 264,559 shares. Ahl Limited Liability Partnership last reported 22,150 shares in the company. Highbridge Cap Llc owns 3,389 shares or 0% of their US portfolio. Blue Bell Private Wealth Mgmt Llc last reported 620 shares in the company. Blackrock Advsrs Limited Liability Corp last reported 0% of its portfolio in the stock. Mutual Of America Capital Limited Liability Company has 32,418 shares for 0.06% of their US portfolio. Teachers Retirement Sys Of The State Of Kentucky last reported 0.01% of its portfolio in the stock. Paradigm Asset Mngmt Com Ltd has 6,950 shares for 0% of their US portfolio. Tower Rech Cap (Trc) has 3,587 shares for 0.03% of their US portfolio. Grp holds 0% or 110,270 shares in its portfolio.

Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 15 insider sales for $12.15 million net activity. Adams David Charles also sold $2.21M worth of Curtiss-Wright Corp. (NYSE:CW) shares. On Thursday, June 9 Kozinski Allen sold $436,000 worth of the stock or 5,000 shares. Ferdenzi Paul J also sold $183,355 worth of Curtiss-Wright Corp. (NYSE:CW) on Monday, November 14. The insider Nathman John B sold $147,336. SIHLER WILLIAM W DR also sold $65,402 worth of Curtiss-Wright Corp. (NYSE:CW) shares. Quinly Tom P sold $330,388 worth of stock. On Monday, November 14 TYNAN GLENN E sold $556,713 worth of the stock or 5,732 shares.

Curtiss-Wright Corporation is a provider of engineered services and products to the commercial, defense, energy and industrial markets. The company has a market cap of $4.44 billion. The Firm operates through three divisions: Commercial/Industrial, which provides a diversified offering of engineered services and products supporting applications primarily across the commercial aerospace and general industrial markets; Defense, which consists of businesses that primarily provide products to the defense markets and to the commercial aerospace market, and Power, which consists of businesses that primarily provide products to the power generation markets and to the naval defense market. It has a 23.72 P/E ratio. The Company’s manufacturing facilities are located in the United States in New York, Ohio, and Pennsylvania, and internationally in Canada and the United Kingdom.

CW Company Profile

Curtiss-Wright Corporation, incorporated on August 9, 1929, is a well-known provider of engineered services and products to the commercial, defense, energy and industrial markets. The Firm operates through three divisions: Commercial/Industrial, Defense and Power. The Company’s manufacturing facilities are located in the United States in New York, Ohio, and Pennsylvania, and internationally in Canada and the United Kingdom. The Firm has approximately 180 facilities, including over four corporate and shared-services facilities. The Firm supplies its services and products to original equipment manufacturers (OEMs) and aftermarket industrial customers, including the transportation, commercial trucking, off-road equipment, agriculture, construction, automotive, chemical and gas and oil industries. It also produces valves for the power and process industries.

More news for Curtiss-Wright Corp. (NYSE:CW) were recently published by: Streetinsider.com, which released: “Form 4 CURTISS WRIGHT CORP For: Nov 16 Filed by: FULLER S MARCE” on November 16, 2016. Forbes.com‘s article titled: “Ex-Dividend Reminder: Curtiss-Wright Corp., Roper Technologies and Encore Wire …” and published on October 03, 2016 is yet another important article.

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