General Dynamics senior vice president sells $7.5 million in stock

In a recent transaction, Marguerite Amy Gilliland, Senior Vice President at General Dynamics Corp (NYSE:GD), sold a substantial amount of the company’s stock. The sale, which took place on March 10, 2025, involved a total of 27,562 shares of common stock, generating approximately $7.5 million. The shares were sold at prices ranging from $272.01 to $272.41. The stock currently trades at $260.68, with InvestingPro analysis indicating the company is currently undervalued. The aerospace and defense giant maintains a market capitalization of $70.4 billion and trades at a P/E ratio of 18.9x.

Prior to the sale, Gilliland exercised stock options to acquire 24,740 shares at a price of $223.93 per share, valued at approximately $5.54 million. Following these transactions, Gilliland now directly owns 45,192 shares of General Dynamics. According to InvestingPro, the company maintains a strong financial health score of "GOOD" and demonstrates historically low price volatility, making it an attractive consideration for value investors.

Additionally, Gilliland holds an indirect ownership of 803.177 shares through a 401(k) plan. The transactions were filed with the SEC, providing transparency to investors and stakeholders about the executive’s trading activities. For deeper insights into General Dynamics’ valuation, financial health metrics, and exclusive analyst recommendations, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, General Dynamics announced a quarterly dividend increase to $1.50 per share, marking the 28th consecutive year of dividend growth. The company reported revenues of $47.7 billion in 2024, highlighting its financial stability and commitment to shareholder value. In earnings news, General Dynamics surpassed Wall Street expectations in its fourth quarter with sales of $13.3 billion and an adjusted earnings per share (EPS) of $4.15, exceeding the consensus forecast. However, Citi analysts reduced their price target to $335 from $360, despite maintaining a Buy rating, due to weaker-than-expected guidance for 2025. Jefferies also adjusted its outlook, lowering the price target to $270 while maintaining a Hold rating, following a review of financial shifts such as a reduction in Aero Manufacturing margins and a decrease in the aerospace backlog. Additionally, concerns arose from reports of potential Pentagon budget cuts, which could impact future revenue streams for defense companies like General Dynamics. President Trump’s comments on possibly reducing defense spending and engaging in discussions with Russia and China added to the uncertainty in the defense sector. These developments have led investors to closely monitor the company’s strategic responses to these challenges.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.