Recent Insider Activity: Wesco Aircraft Holdings, Inc. $WAIR

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Wesco Aircraft Holdings, Inc. (NYSE:WAIR) insider have most recently took part in a trading activity. On Aug 24, 2017 Makaira Partners Llc, 10% Owner bought 91,711 shares having total worth of $731,854 at the price of $7.98 per share, following the transaction a total of 10,172,754 shares owned by Makaira Partners Llc. Before this latest buy, Makaira Partners Llc purchased WAIR at 1 other times during the past twelve months, for a total investment of $961,153 at an average of $7.81 per share.

The stock has experienced a total of 6 insider trades in the past three months. These trades include 6 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. In 4 of these trades, the insider was a seller while an employee of the company was the buyer in 9 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 0 -31.78%
12 Month 9 4 -41.28%

Shares of Wesco Aircraft Holdings, Inc. (NYSE:WAIR) traded up 0.63% on Aug 24, 2017, hitting $8.05. 299,695 shares of the company’s stock traded hands. Wesco Aircraft Holdings, Inc. has a 52 week low of $7.05 and a 52 week high of $15.55. The company’s market cap is $1,330 million.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) last announced its earnings results on Aug 8, 2017. The company reported 0.10 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.21 by $0.11. The company had revenue of $364 million for the quarter, compared to the consensus estimate of $379 million. During the same quarter in the previous year, the company posted 0.29 earnings per share. The company’s revenue for the quarter was down 3% on a year-over-year basis.

2017-08-08 2017-08-03 2017-05-09 2017-02-07 2016-11-17 2016-08-04 2016-05-05 2016-02-04 2015-11-19 2015-08-06
earnings per share 0.10 0.00 0.21 0.19 0.30 0.29 0.29 0.25 0.27 0.22
Revenue(M) 363.91 0 364.6 339.37 365.6 375.19 376.74 359.84 369.65 378.45

Wesco Aircraft was incorporated in Delaware on July 21, 2006. The company is a one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. Its services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time, or JIT, delivery and point-of-use inventory management. The company supply approximately 450,000 different stock keeping units, or SKUs, including hardware, bearings, tools and more recently, electronic components and machined parts. It believes it offer a compelling value proposition to both customers and suppliers. Customers that utilize its comprehensive JIT supply chain management services are frequently able to realize significant benefits including: reduced inventory levels, fewer disruptions of production schedules, improved quality assurance and reduced administrative and overhead costs. It intends to pursue the following strategies in order to continue to grow business: Continued Focus on Operational Excellence: It intends to further existing customer relationships by continuing to invest in highly customized IT system and providing on-time delivery performance and quality assurance; Win New Business from Existing Customers: The company continues its strategy of expanding relationships with existing customers by transitioning them to comprehensive JIT supply chain management services as well as expanding programs to include additional customer sites and SKUs, and by introducing new supply chain solutions that minimize costs, improve productivity and lower inventory investment; Expand Customer Base: It plans to expand customer base and have had significant success in winning business when competing distributors have been unable to meet customer service level requirements and in situations where customers have outsourced work that was previously performed internally; Selectively Pursue Strategic Acquisitions: Its industry is highly fragmented and believes that there are opportunities for continued consolidation. It recognizes product and service revenue when (i) persuasive evidence of an arrangement exists, (ii) title transfers to the customer, (iii) the sales price charged is fixed or determinable and (iv) collection is reasonably assured. Its product categories include the following: Hardware: Fasteners is a largest product category, comprising approximately 83% of hardware sales in fiscal 2010. Fasteners include a wide range of highly engineered aerospace parts that are designed to hold together two or more components, such as rivets (both blind and solid), bolts (including blind bolts), screws, nuts and washers; Bearings: Its product offering includes a variety of standard anti-friction products designed to both commercial and military aircraft specifications, such as airframe control bearings, rod ends, spherical bearings, ball bearing rod ends, roller bearings and bushin

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.