Director Mortimer J. “Tim” Buckley, Former Vanguard CEO & Chief Investment Officer, Thinks So! ✈️ 

🚀 Trigger: Insider Buy Alert

On August 19, 2025, Boeing’s brand-new director — Mortimer J. “Tim” Buckley — cracked open his wallet and scooped up 2,200 shares of Boeing stock at $226.10 each, dropping about $497,420 on the trade.

For context:

• He’s not some random insider.

• He’s the former Chairman & CEO of Vanguard (2018–2024). Yes, that Vanguard, with $8 trillion+ under management.

• He’s also a current Pfizer director.

So when a guy with that résumé buys in, you at least put down your complimentary in-flight peanuts and pay attention. 🥜👀

🏦 Institutions Already Onboard

Insiders may only own 0.07% of the stock, but the big dogs are here:

Translation: Wall Street’s who’s who is already flying first class with Boeing. Shorts? Practically scarce. The short ratio sits at just 2.27.

🔍 For Boeing (BA)'s Institutional Ownership breakdown, see here. 

📊 The Financial Picture

Second Quarter 2025 Highlights:

• Revenue: $22.7B (+35% YoY, thanks to 150 commercial deliveries)

• 737 Production: 38 per month ✈️

• GAAP Loss per Share: ($0.92) vs. worse losses last year

• Operating Cash Flow: $0.2B (green again!)

• Free Cash Flow: ($0.2B) — not great, but close to breakeven

• Backlog: $619B (that’s 5,900+ planes waiting to be built — and paid for)

Balance Sheet Check-in:

• Cash: $23.0B (down slightly from $23.7B Q1)

• Debt: $53.3B (down from $53.6B — baby steps)

• Credit lines: $10B undrawn, aka corporate safety net.

👉 Want the full picture? Dive into Boeing (BA)'s financials here.

⚖️ Valuation Snapshot

So yeah, Boeing isn’t “cheap” in a traditional sense. You’re paying for backlog, recovery hopes, and brand power — not current profitability.

✈️ Why Boeing Might Take Off

1. Revenue Turning Around
   Q2 sales soared 35% YoY. Stabilization at last.

2. Cash Flow Coming Back
   After burning billions, Boeing’s edging back toward positive free cash flow. That’s critical.

3. Backlog is a Monster
   $619B in orders = a cushion for years of production.

4. Insider Buy by Tim Buckley
   If a legendary Vanguard guy thinks it’s worth a half-mil punt, maybe there’s juice left.

5. Stock Still Cheap vs History
   Boeing’s trading at half its 2019 ATH. Long runway ahead if recovery sticks.

⚠️ Risks That Could Ground the Plane

1. Balance Sheet Danger Zone

   • Debt: $53B

   • Negative equity: debt-to-equity at -1,612% 🤯

   • Altman Z-score? Squarely in “distress zone.”

2. 737 MAX Saga
   Any more safety/certification issues could slam production. FAA scrutiny lingers.

3. Supply Chain Woes
   Engines, chips, metals — still bottlenecked in the global pipeline.

4. Competition with Airbus and others
   Airbus is feasting on Boeing’s lunch, and airlines don’t like to wait. On the defense side, deep-pocketed rivals like Lockheed Martin keep eyeing the buffet too.
   

5. Geopolitics
   Trade war with China? That’s a key market Boeing needs to crack again.

6. Defense Spending Shifts
   Government contracts can be feast-or-famine.

💡💡💡 Curious about another deep oil exploration play?
Check our takes on UnitedHealth Group or even Oscar Health.

🧐 The FUNanc1al Take

• Boeing is still a turnaround play — messy balance sheet, but signs of stabilization.

• It’s an iconic brand with a massive backlog and a duopoly with Airbus. Not going away.

• But: it’s not for the faint of heart. Valuation is arguably stretched, and risks remain high.

🎯 Our non-advice, just-for-fun outlook:

• Small speculative positions make sense for risk-tolerant investors.

• Otherwise, watch for continued free cash flow improvement before boarding.

😂 FUNanc1al Humor Check

• Free cash flow at ($0.2B) is like being “almost not broke.” Progress!

• Buckley buying in after running Vanguard? That’s like Gordon Ramsay taste-testing your soup — he doesn’t do it unless he smells potential. 🍲

• A 737 backlog of 5,900 planes means Boeing has more planes in line than Swifties on Ticketmaster. 🎤✈️

⚠️ Disclaimer

We love to fly, but we’re not pilots (or FAA investigators).  
We laugh, we analyze, we meme. We just sell jokes and opinions — and yes, we’re billing your sense of humor. 🎪💸 
We’re not financial advisors. We’re FUNancial advisors. 
Turbulence ahead? Invest at your own risk, always DYOR, hold the FOMO, and don’t invest what you can’t afford to lose.

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