We recently published a list of 20 Most Expensive Stocks Insiders Are Dumping In March. In this article, we are going to take a look at where Curtiss-Wright Corporation (NYSE:CW) stands against other most expensive stocks insiders are dumping in March.
After being in the green for a few trading sessions, the broader market index slid 0.8% on Wednesday, and blue-chip companies declined 0.1%. The NASDAQ Composite was down 1.6% in the early afternoon. On Tuesday, Trump provided an update on tariffs, saying they will likely be more “lenient than reciprocal,” suggesting a more relaxed approach, reports CNBC.
As investors process daily market developments, uncertainty continues to impact the market. In these periods, insider trading often attracts attention, as purchases of company stock by executives may suggest confidence in the company’s future. However, insider selling doesn’t necessarily imply a lack of faith—it may be driven by personal financial needs or a desire for diversification. Executives frequently rely on pre-established plans, such as 10b5-1, to maintain transparency. While insider trading can provide useful insights, it should be evaluated in the context of a company’s financial health, market trends, and industry changes.
What are some of the most expensive stocks insiders have been selling this month so far? To find out, we used Insider Monkey’s insider trading stock screener, focusing only on stocks where at least three insiders had sold shares in March. From there, we ranked the 20 stocks with the highest average price per share in times of sales.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
With each stock, we note the average price per share of these sales and the stock’s market capitalization.
An assembly line of industrial vehicles, showcasing the company’s technological prowess.
Curtiss-Wright Corporation (NYSE:CW)
Market Capitalization: $12.77 billion
Curtiss-Wright Corporation (NYSE:CW) provides engineered products and services for the aerospace, defense, and industrial sectors. It ranks 17th among the top 20 stocks insiders are dumping in March. The company operates in three areas: defense electronics, aerospace and industrial, and naval and power. With about 8,000 employees, Curtiss-Wright focuses on creating innovative solutions, drawing inspiration from the legacy of Glenn Curtiss and the Wright brothers.
For the year ending Dec. 31, 2024, Curtiss-Wright (NYSE:CW) reported sales of $3.1 billion, up from $2.85 billion in 2023. Operating income for the year was $529 million, compared to $484 million in the previous year.
On February 5, Curtiss-Wright (NYSE:CW) announced that its board of directors declared a quarterly dividend of $0.21 per share on Curtiss-Wright common stock.
This month, eight insiders, including the chair and CEO, CFO, and COO sold approximately $2.09 million worth of Curtiss-Wright shares at an average price of $325.49 per share. Since the beginning of the year, the stock dropped 4.26%, trading at $339.77. However, over the past 12 months, Curtiss-Wright shares returned 35.25%.
According to six analysts, the average rating for CW stock is “Buy.” The 12-month stock price forecast is $382.67, which is an increase of 13.02% from the latest price.
Curtiss-Wright Corporation (NYSE:CW) is also one of the 11 best American defense stocks to buy now.
Overall, CW ranks 17th on our list of most expensive stocks insiders are dumping in March. While we acknowledge the potential of CW our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
