Insider Trading Update: Air T, Inc. $AIRT

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Air T, Inc. (AIRT) insider have most recently took part in a trading activity. On Jan 3, 2018 Swenson Nicholas John, CEO, 10% Owner bought 400 shares having total worth of $9,844 at the price of $24.61 per share, following the transaction a total of 786,389 shares owned by Swenson Nicholas John. Before this latest buy, Swenson Nicholas John purchased AIRT at 39 other times during the past twelve months, for a total investment of $218717.5M at an average of $4962533.5 per share.

The stock has experienced a total of 9 insider trades in the past three months. These trades include 1 sell activities and 8 buy trades. Furthermore, over the past 12 months , the stock was traded 40 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 39 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 8 1 50.45%
12 Month 39 1 22.91%

Shares of Air T, Inc. (AIRT) traded up 0.54% on Jan 2, 2018, hitting $24.83. 1,724 shares of the company’s stock traded hands. Air T, Inc. has a 52 week low of $15.75 and a 52 week high of $24.83. The company’s market cap is $42 million.

Air T, Inc. (AIRT) last announced its earnings results on Nov 14, 2017. The company reported 0.21 earnings per share (EPS) for the quarter. The company had revenue of $49 million for the quarter During the same quarter in the previous year, the company posted 0.52 earnings per share. The company’s revenue for the quarter was up 27% on a year-over-year basis.

2017-11-14 2016-08-15 2016-08-12 2016-06-29 2016-02-05 2015-11-06 2015-08-05 2015-06-08 2015-02-03 2014-11-07
earnings per share 0.21 -1.55 0.00 -0.46 1.24 1.58 -0.31 -0.37 0.61 0.77
Revenue(M) 48.86 30.49 0 34.58 46.62 44.65 22.54 24.89 30.89 34.63

Air T, Inc., was incorporated under the laws of the State of Delaware in 1980. The Company through its subsidiaries, provides overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other special purpose industrial equipment, and provides ground support equipment and facilities maintenance to airlines. The Company operates in three business segments namely The overnight air cargo segment, The ground equipment sales segment and The ground support services segment. The overnight air cargo segment, comprised of its Mountain Air Cargo, Inc. (MAC) and CSA Air, Inc. (CSA) subsidiaries, operates in the air express delivery services industry. The ground equipment sales segment, comprised of its Global Ground Support, LLC (GGS) subsidiary, manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the U. S. military and industrial customers. The ground support services segment, comprised of its Global Aviation Services, LLC (GAS) subsidiary, provides ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. Each business segment has separate management teams and infrastructures that offer different products and services. The Department of Transportation (DOT) has the authority to regulate economic issues affecting air service.

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.