Rockwell Collins, Inc. (NYSE:COL), watched as one of it’s highest level insiders rose his exposure to the company through transactions that began on Tuesday, July 29th, and were officially filed today, July 30th. Chief Executive Officer and President Robert Kelly Orthberg acquired 3,205 shares of common stock at an average price of $36.55 per share through a series of transactions.
Following these filings, Orthberg now directly holds 51,444.472 shares while indirectly having 4,441.3949 invested in the company through a savings plan. Rockwell Collins, Inc. (NYSE:COL) is a $9.91 billion market cap company that is engaged in design, production and support of communications and aviation electronics for commercial and military customers worldwide.
Two hedge funds are heavily involved with the company. Jeffrey Ubben‘s Valueact Capital holds 13,111,700 shares worth about $1 billion; while D. E. Shaw‘s D E Shaw fund, after reporting a 12% increase in activity last quarter, now holds 1,263,057 shares worth approximately $100.6 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.