Michael Steen Sells 6,688 Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) Stock

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) CMO Michael Steen sold 6,688 shares of the company’s stock in a transaction that occurred on Wednesday, January 12th. The shares were sold at an average price of $87.50, for a total value of $585,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Michael Steen also recently made the following trade(s):

  • On Wednesday, December 15th, Michael Steen sold 18,358 shares of Atlas Air Worldwide stock. The shares were sold at an average price of $87.56, for a total value of $1,607,426.48.
  • On Wednesday, November 24th, Michael Steen sold 19,954 shares of Atlas Air Worldwide stock. The shares were sold at an average price of $93.70, for a total value of $1,869,689.80.

NASDAQ AAWW opened at $82.21 on Friday. The firm has a market cap of $2.39 billion, a PE ratio of 4.94 and a beta of 1.12. Atlas Air Worldwide Holdings, Inc. has a one year low of $51.01 and a one year high of $97.13. The stock’s 50 day simple moving average is $89.10 and its 200 day simple moving average is $79.67. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.80 and a quick ratio of 0.80.

Atlas Air Worldwide (NASDAQ:AAWW) last released its quarterly earnings results on Tuesday, November 2nd. The transportation company reported $4.88 EPS for the quarter, topping the Zacks’ consensus estimate of $4.32 by $0.56. Atlas Air Worldwide had a return on equity of 19.77% and a net margin of 13.17%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $995.98 million. During the same period in the prior year, the company earned $2.84 EPS. Atlas Air Worldwide’s revenue for the quarter was up 25.5% on a year-over-year basis. As a group, equities analysts expect that Atlas Air Worldwide Holdings, Inc. will post 17.39 earnings per share for the current year.

Separately, Zacks Investment Research lowered Atlas Air Worldwide from a “buy” rating to a “hold” rating in a research note on Monday, January 10th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $91.50.

Large investors have recently bought and sold shares of the business. Great West Life Assurance Co. Can lifted its holdings in Atlas Air Worldwide by 1.5% during the 2nd quarter. Great West Life Assurance Co. Can now owns 23,391 shares of the transportation company’s stock worth $1,593,000 after buying an additional 354 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Atlas Air Worldwide by 9.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 333,218 shares of the transportation company’s stock worth $22,696,000 after buying an additional 29,367 shares in the last quarter. Boussard & Gavaudan Investment Management LLP acquired a new position in Atlas Air Worldwide during the 3rd quarter worth $7,931,000. Maverick Capital Ltd. lifted its holdings in Atlas Air Worldwide by 13.0% during the 2nd quarter. Maverick Capital Ltd. now owns 4,091 shares of the transportation company’s stock worth $279,000 after buying an additional 471 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in Atlas Air Worldwide by 2.3% during the 2nd quarter. California State Teachers Retirement System now owns 39,697 shares of the transportation company’s stock worth $2,704,000 after buying an additional 880 shares in the last quarter.

Atlas Air Worldwide Company Profile

Atlas Air Worldwide Holdings, Inc engages in the provision of outsourced aircraft and aviation operating services. It operates through the following segments: ACMI, Charter, and Dry Leasing. The ACMI segment offers aircraft, crew, maintenance and insurance services to customers. The Charter segment comprises planeload air cargo and passenger aircraft charters, including the U.S.

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Insider Buying and Selling by Quarter for Atlas Air Worldwide (NASDAQ:AAWW)

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