Huntington Ingalls CEO Kastner sells $4.25m in HII stock
Huntington Ingalls Industries CEO Christopher D. Kastner sold 13,070 shares of the company's common stock on August 10, 2026. The sale totaled around $4.25 million, with each share priced between $324.83 and $325.11, averaging $324.92. Kastner adhered to a pre-approved trading plan, adopted on May 12, 2026. At present, HII's stock is trading at $327.71, having generated a 25% return over the past year.
According to InvestingPro analysis, the company appears to be undervalued. Post-sell, Kastner personally owns 11,223.951 shares, indirectly holds 67,479.087 shares through his family trust, and 101.08 shares through his 401(k) plan. HII reported strong second-quarter 2026 earnings, exceeding Wall Street expectations with adjusted earnings of $5.27 per share on $3.4 billion in revenue.
The company forecast a 38.3% increase in earnings per share and a 7.9% rise in sales. Wolfe Research upgraded the stock to Outperform and set a price target of $364.
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