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Manhattan West Asset Management buys shares in RTX, an aerospace firm beating earnings estimates, despite insider selling.
Manhattan West Asset Management LLC bought 1,969 shares of RTX Corporation, an aerospace and defense company, for about $261,000 in the first quarter.
RTX recently reported earnings of $1.56 per share, beating estimates, with revenue of $21.58 billion.
The stock has a market cap of $207.45 billion and a P/E ratio of 34.06. Insider Philip J. Jasper sold 12,847 shares on August 4th, reducing his ownership by 42.08%.
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Manhattan West Asset Management compra acciones de RTX, una firma aeroespacial que supera las estimaciones de ganancias, a pesar de las ventas internas.