Mon Sep 23 22:46:43 UTC 2024: ## Ducommun CEO Sells Shares Amid Positive Analyst Sentiment

**Los Angeles, CA** – Ducommun Incorporated (NYSE:DCO) CEO Stephen G. Oswald sold 1,200 shares of the company’s stock on Friday, September 20th, at an average price of $66.32. This transaction amounted to a total value of $79,584.00. Despite the sale, Oswald still owns 341,151 shares in Ducommun, valued at $22,625,134.32.

The sale was disclosed in a filing with the Securities and Exchange Commission (SEC), and comes amidst a period of positive analyst sentiment regarding the aerospace company.

On Monday, September 23rd, Ducommun’s stock price rose by $0.16 to $65.33, with a trading volume of 31,784 shares.

Recently, several research analysts have upgraded their ratings on Ducommun stock. Goldman Sachs Group raised its rating from “neutral” to “buy,” increasing its target price from $64.00 to $80.00. StockNews.com also upgraded its rating from “hold” to “buy,” while Truist Financial reaffirmed a “buy” rating and raised its target price to $72.00.

These positive ratings contribute to Ducommun’s current “Buy” consensus rating, with an average target price of $71.00.

Ducommun’s recent financial performance has also been strong, with the company exceeding analysts’ earnings estimates for the quarter ending August 8th. The company reported earnings per share of $0.83, surpassing estimates by $0.20 and exceeding the $0.54 EPS posted during the same period last year.

Ducommun provides engineering and manufacturing services for products and applications used in various industries, including aerospace and defense, industrial, medical, and others. The company operates through two segments: Electronic Systems and Structural Systems.

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