Insider Trading Review: Gogo Inc. $GOGO

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Gogo Inc. (GOGO) insider have most recently took part in a trading activity. On Nov 27, 2017 Mayes Michele Coleman, Director bought 900 shares having total worth of $9,261 at the price of $10.29 per share, following the transaction a total of 900 shares owned by Mayes Michele Coleman.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 -13.31%
12 Month 1 0 24.88%

Shares of Gogo Inc. (GOGO) traded up 1.78% on Nov 27, 2017, hitting $10.29. 1,045,925 shares of the company’s stock traded hands. Gogo Inc. has a 52 week low of $7.86 and a 52 week high of $14.48. The company’s market cap is $1,060 million.

Gogo Inc. (GOGO) last announced its earnings results on Nov 2, 2017. The company reported -0.57 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.50 by $0.07. The company had revenue of $173 million for the quarter, compared to the consensus estimate of $173 million. During the same quarter in the previous year, the company posted -0.42 earnings per share. The company’s revenue for the quarter was up 17% on a year-over-year basis.

2017-11-02 2017-08-07 2017-05-04 2017-02-27 2016-11-03 2016-08-04 2016-05-06 2016-02-25 2015-11-05 2015-08-06
earnings per share -0.57 -0.56 -0.52 -0.34 -0.42 -0.31 -0.31 -0.43 -0.37 -0.32
Revenue(M) 172.87 172.8 165.41 160 147.27 147.54 141.75 137.78 126.41 121.19

Gogo Inc, through its subsidiaries, provides a suite of connectivity solutions and other services, including Passenger Connectivity, Passenger Entertainment, In-Flight Portal as well as Operations-Oriented Communications Services. The Company provides a suite of connectivity solutions and other services, including Passenger Connectivity, Passenger Entertainment, In-Flight Portal as well as Operations-Oriented Communications Services. Effective on January 1, 2013, the Company organized its business into three segments – Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The Commercial Aviation North America segment provides Gogo branded in-flight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that begin and end within North America. The Commercial Aviation Rest of World business is still in the start-up phase. The Business Aviation segment sells equipment for in-flight telecommunications and provides in-flight internet connectivity and other voice and data communications products and services to the business aviation market. Its offerings include Gogo Biz, in-flight broadband service that utilizes both its ATG network and ATG spectrum; and satellite-based voice and data services through its strategic alliances with satellite companies.

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.