Applied Aerospace & Defense, Inc.
No enriched coverage for $AADX in the last 7 days.
No SEC Form 4 filings for $AADX in the last 30 days.
See all $AADX insider activity →Applied Aerospace & Defense (AA&D), a SpaceX-related defense supplier that went public earlier this month via a merger, raised $650M in an IPO at $20/share. Shares closed last Friday at $20.53. After a blackout, multiple banks initiated coverage with buy/outperform ratings and price targets of $23–$30, citing defense/space growth and margin expansion forecasts.
Bank of America initiated coverage of Applied Aerospace & Defense (NYSE:AADX) with a Buy rating and a $24.00 price target, implying 16.5% upside from the prior close, according to a research note cited by Benzinga. Other firms also set targets around $23–$25. AADX opened at $20.60 and had a 52-week range of $17.08–$23.00.
Lynch Susan D purchased 8,000 shares of Applied Aerospace & Defense, Inc. (AADX) at $20.00 ($0.16M total) on 2026-06-04.
Recent AADX coverage spans insider activity, ipo and market movers.
New analyst-coverage initiations with specific price targets and growth/margin theses can drive near-term sentiment and positioning around the fresh IPO.
New sell-side initiation with a defined target can drive near-term sentiment and positioning, especially if other banks’ targets cluster around the same level.
Insider open-market buying can modestly support sentiment, but it is not a fundamental catalyst by itself.
Insider open-market buying can modestly support near-term sentiment, but it is not a fundamental catalyst by itself.
Insider buying is a modest bullish signal, but the transaction size ($10k) is small and unlikely to move fundamentals by itself.
alphai scores every news story that mentions AADX with an AI model for sentiment and relevance, and aggregates insider trades from Applied Aerospace & Defense, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Applied Aerospace & Defense (AA&D), a SpaceX-related defense supplier that went public earlier this month via a merger, raised $650M in an IPO at $20/share. Shares closed last Friday at $20.53. After a blackout, multiple banks initiated coverage with buy/outperform ratings and price targets of $23–$30, citing defense/space growth and margin expansion forecasts.
5 min readBank of America initiated coverage of Applied Aerospace & Defense (NYSE:AADX) with a Buy rating and a $24.00 price target, implying 16.5% upside from the prior close, according to a research note cited by Benzinga. Other firms also set targets around $23–$25. AADX opened at $20.60 and had a 52-week range of $17.08–$23.00.
3 min readLynch Susan D purchased 8,000 shares of Applied Aerospace & Defense, Inc. (AADX) at $20.00 ($0.16M total) on 2026-06-04.
2 min readMcRae Jeffrey L. (Chief Financial Officer) purchased 25,000 shares of Applied Aerospace & Defense, Inc. (AADX) at $20.00 ($0.50M total) on 2026-06-04.
2 min readGoldstein Scott (NMN) purchased 500 shares of Applied Aerospace & Defense, Inc. (AADX) at $20.00 on 2026-06-04.
2 min readKatzman James C purchased 25,000 shares of Applied Aerospace & Defense, Inc. (AADX) at $20.00 ($0.50M total) on 2026-06-04.
2 min readApplied Aerospace & Defense priced its NYSE IPO at $20/share, raising $650M, after the book was reportedly about 10x oversubscribed. The Huntsville, Alabama firm sold 32.5M shares (below its $18–$21 range). It begins trading Wednesday under ticker AADX; the offering valued it at about $3.4B. Morgan Stanley and Jefferies led, with other joint bookrunners listed in filings.
4 min readApplied Aerospace & Defense (AADX) priced its IPO at $20 per share for 32.5 million shares, with expected gross proceeds of about $650 million, before underwriting discounts and expenses, according to the company. The offering is set to close Thursday. Underwriters have a 30-day option to buy up to 4.875 million more shares. Shares are expected to start trading on the NYSE Wednesday under ticker AADX.
2 min readApplied Aerospace & Defense, Inc. priced its IPO of 32.5 million shares at $20.00 per share, with a 30-day underwriters’ option to buy up to 4.875 million additional shares at the same price (per the company). Shares are expected to start trading on the NYSE on June 3, 2026 under ticker “AADX,” with closing expected June 4.
2 min readApplied Aerospace & Defense (AADX) said it launched the roadshow for a proposed IPO of 32,500,000 shares at an anticipated $18.00–$21.00 per share, with an underwriters’ option for up to 4,875,000 additional shares. The company plans to list on the NYSE and use net proceeds to repay debt and for general corporate purposes.
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