Huntington Ingalls CEO Kastner sells $4.25m in HII stock

Christopher D. Kastner, Director, President & CEO of Huntington Ingalls Industries, Inc. (NYSE:HII), sold 13,070 shares of the company’s common stock on August 10, 2026. The transactions totaled approximately $4,246,704.

The shares were sold at prices ranging from $324.83 to $325.11, with a weighted average sale price of $324.92 per share. These sales were conducted pursuant to a Rule 10b5-1 trading plan, which Mr. Kastner adopted on May 12, 2026. The stock currently trades at $327.71 and has delivered a 25% return over the past year. According to InvestingPro analysis, HII appears undervalued at current levels.

Following these transactions, Mr. Kastner directly owns 11,223.951 shares of Huntington Ingalls Industries common stock. Additionally, he indirectly holds 67,479.087 shares through the Kastner Family Trust and 101.08 shares via a 401(k) Plan. InvestingPro subscribers have access to 8 additional exclusive tips about HII, plus comprehensive Pro Research Reports covering this and 1,400+ other US equities.

In other recent news, Huntington Ingalls Industries reported impressive second-quarter 2026 financial results, surpassing Wall Street expectations. The company achieved adjusted earnings of $5.27 per share on revenue of $3.4 billion, exceeding the anticipated $3.81 per share and $3.15 billion in revenue. This performance highlights a 38.3% increase in earnings per share and a 7.9% increase in sales compared to forecasts. Additionally, Huntington Ingalls raised its full-year revenue and margin outlook for its core shipbuilding business. In a separate development, Wolfe Research upgraded Huntington Ingalls’ stock rating to Outperform from Peerperform. Wolfe Research also set a price target of $364 for the company’s shares. These recent developments reflect positively on Huntington Ingalls’ financial health and market prospects.