Park Avenue Securities boosts stake in General Dynamics by 51.3% amid insider stock sales.

Park Avenue Securities LLC increased its holdings in General Dynamics Corporation by 51.3% in Q4, acquiring an additional 5,173 shares worth over $5.1 million. Meanwhile, insiders including two executive vice presidents sold a combined total of 51,260 shares valued at over $18 million. General Dynamics recently reported strong quarterly earnings, beating revenue and EPS estimates, and raised its quarterly dividend to $1.59. Analysts maintain a moderate buy consensus with price targets around $376, reflecting confidence in the aerospace and defense company's growth prospects.