BAE Systems (OTCMKTS:BAESY) Stock Crosses Above 200 Day Moving Average - Time to Sell?

BAE Systems plc (OTCMKTS:BAESY - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $68.16 and traded as high as $69.40. BAE Systems shares last traded at $69.40, with a volume of 99,307 shares.Analyst Upgrades and DowngradesSemiconductor stocks soar on federal funding, hope for rate cutsSeparately, Citigroup upgraded BAE Systems from a "neutral" rating to a "buy" rating in a research report on Monday, July 29th.View Our Latest Report on BAE SystemsBAE Systems Price PerformanceThe firm has a fifty day simple moving average of $68.06 and a two-hundred day simple moving average of $68.16. BAE Systems Cuts DividendThe firm also recently disclosed a dividend, which will be paid on Monday, December 9th. Shareholders of record on Friday, October 25th will be issued a $0.6333 dividend. The ex-dividend date of this dividend is Friday, October 25th. Institutional Trading of BAE SystemsA number of institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC raised its position in BAE Systems by 20.8% in the second quarter. GAMMA Investing LLC now owns 1,870 shares of the aerospace company's stock worth $125,000 after acquiring an additional 322 shares during the period. Atlas Capital Advisors LLC raised its holdings in shares of BAE Systems by 68.9% during the 2nd quarter. Atlas Capital Advisors LLC now owns 4,044 shares of the aerospace company's stock worth $270,000 after acquiring an additional 1,650 shares in the last quarter. Rhumbline Advisers lifted its position in BAE Systems by 29.3% during the second quarter. Rhumbline Advisers now owns 4,593 shares of the aerospace company's stock valued at $307,000 after purchasing an additional 1,042 shares during the last quarter. Confluence Investment Management LLC purchased a new stake in shares of BAE Systems in the second quarter valued at $682,000. Finally, Altrius Capital Management Inc lifted its stake in BAE Systems by 2.3% in the third quarter. Altrius Capital Management Inc now owns 109,506 shares of the aerospace company's stock worth $7,266,000 after purchasing an additional 2,470 shares during the last quarter. Institutional investors own 0.21% of the company's stock. BAE Systems Company Profile (Get Free Report)BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.Featured ArticlesFive stocks we like better than BAE SystemsDividend Screener: How to Evaluate Dividend Stocks Before BuyingWhat a Trump Win Looks Like for the Market Now and Into 2025What is a support level?Russell 2000 Surge Post-Election: How to Play the Small-Cap PopCompound Interest and Why It Matters When InvestingMacro Headwinds Send Microchip Technology Stock to the Buy ZoneThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Election warning coming true… (From Porter & Company) (Ad)Should you invest $1,000 in BAE Systems right now?Before you consider BAE Systems, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BAE Systems wasn't on the list.While BAE Systems currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here