Concurrent Investment Advisors raised RTX stake 54.5% to 113,039 shares (~$20.7M) despite insider selling and a downgrade; RTX beat Q1, posted strong revenue growth, and issued optimistic FY2026 guidance with a Moderate Buy rating.Abstract: This memo notes that Concurrent Investment Advisors expanded its RTX position by 54.5%, to 113,039 shares worth about $20.7 million, even as insider selling reached $18.15 million and analysts downgraded. RTX surpassed Q1 estimates, showed solid revenue growth, and issued an upbeat FY2026 outlook, sustaining a Moderate Buy consensus.

NodeGuardian

2026-05-02 23:11:02

Abstract generation in progress

Concurrent Investment Advisors LLC significantly increased its stake in RTX Corporation by 54.5%, now holding 113,039 shares valued at $20.73 million. This increase happened despite recent insider selling totaling $18.15 million and a recent analyst downgrade causing some near-term selling pressure. RTX, a major aerospace and defense company, beat Q1 earnings estimates, reported strong revenue growth, and provided optimistic FY2026 guidance, maintaining a “Moderate Buy” consensus rating from analysts.

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Concurrent Investment Advisors LLC Grows Stock Holdings in RTX Corporation $RTX

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