These Boeing Directors Just Bought Shares. Here’s What Wall Street Thinks.
Two Boeing board members opened their wallets while the stock slid well below its highs, and analysts are lining up behind them. A stubborn production problem could still decide whether the bullish bet pays off.
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Two Boeing (NYSE:BA | BA Price Prediction) directors put their own money into the stock this week, and Wall Street agrees with them: analysts are firmly bullish on the shares even though they trade well below the consensus target. Director Mortimer J. Buckley reported buying 5,820 shares at $171.55, and director Steven M. Mollenkopf reported buying 2,950 shares at $173.03. Both filed Form 4s dated Nov. 3, 2026. The stock traded above $177 a share Thursday morning.
Who Bought and What They Paid
Both men sit on Boeing’s board. After the transactions, Buckley holds 10,250 shares and Mollenkopf holds 6,717 shares. The filing records list each open-market trade as an acquisition with a per-share price. And both prices track where the stock was trading: it started the past week at $167.14. A grant or award typically carries no purchase price, which makes these trades look like cash purchases.
Why Insider Buying Outweighs Insider Selling
Insiders sell for plenty of routine reasons: taxes, diversification, a home purchase, or a prearranged trading plan. They buy on the open market for one reason: they expect the shares to be worth more. Buckley’s 5,820-share purchase raised his position to 10,250 shares, so this one trade accounts for a large part of his total stake.
Mollenkopf’s 2,950 shares brought him to 6,717. Measured against a company worth roughly $138.4 billion, the dollar amounts are small. That makes the buying a vote of conviction from the board, though future returns remain uncertain.
Wall Street’s Bullish Tilt
Of the 28 analysts covering Boeing, none rate it Sell. The consensus price target is $233.35, which is 32.0% above Thursday’s opening price.
Institutions own 76.7% of the shares. In the 13F quarter that ended June 30, 2026, the 14 tracked filers were split: five added shares, six cut, two opened new positions, and one closed out. Appaloosa started a new stake of 800,000 shares. Viking Global stayed the largest tracked holder with 3,274,825 shares.
A 32% Gap Retail Investors Have to Weigh
The stock is down 20.1% year to date and 10.0% over the past month. It trades below both its 50-day average of $195.35 and its 200-day average of $216.63. Its 52-week range runs from $165.01 to $254.35, so the directors bought nearer the bottom of that range.
The gap comes down to timing. At a forward P/E of 51, the stock is priced on recovery rather than current earnings. Management’s plan calls for free cash flow of about $3 billion in 2027, rising to $10 billion in 2029. CEO Kelly Ortberg described the plan as “almost a one-year shift to the right from expectations.” In other words, analysts and directors see the same recovery end point coming about a year later.
Insiders and Analysts Line Up Behind Boeing
The directors and the analysts point the same way. They are buying into a stock that has fallen behind but is backed by a record backlog of $745 billion. That alignment gives the bullish case support on direction.
The 737 production increase remains a risk. Boeing is still trying to steady output at 47 airplanes per month and now expects 737 deliveries to fall short of its 500-delivery target. Ortberg acknowledged, “We did not go as smoothly from 42 to 47 as we did from 38 to 42.” Wing and fuselage constraints remain an operational problem that director purchases and Buy ratings leave untouched.
For retail investors, the purchases support the bullish case, but the timing remains uncertain. Keep an eye on the stock around Boeing’s program-level delivery update in January. Clear progress at rate 47 is what would start closing the gap to the consensus target.
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Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community.
Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.
Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, moderating workshop sessions at regional conventions.
