Hawaiian Holdings Inc. (HA) Insider Mark B. Dunkerley Sells 10,000 Shares of Stock
Hawaiian Holdings Inc. (NASDAQ:HA) insider Mark B. Dunkerley sold 10,000 shares of Hawaiian Holdings stock in a transaction dated Monday, October 17th. The shares were sold at an average price of $48.97, for a total value of $489,700.00. Following the transaction, the insider now owns 562,644 shares of the company’s stock, valued at approximately $27,552,676.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of Hawaiian Holdings Inc. (NASDAQ:HA) opened at 49.10 on Wednesday. The company has a market cap of $2.62 billion, a PE ratio of 11.62 and a beta of 1.30. Hawaiian Holdings Inc. has a one year low of $28.40 and a one year high of $51.53. The firm’s 50-day moving average is $48.13 and its 200-day moving average is $44.32.
Hawaiian Holdings (NASDAQ:HA) last posted its quarterly earnings results on Tuesday, October 18th. The company reported $1.92 EPS for the quarter, beating the Zacks’ consensus estimate of $1.80 by $0.12. Hawaiian Holdings had a net margin of 10.50% and a return on equity of 50.15%. The firm had revenue of $671.83 million for the quarter, compared to analysts’ expectations of $669.22 million. During the same quarter in the prior year, the company posted $1.29 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Hawaiian Holdings Inc. will post $4.94 EPS for the current year.
Several large investors have recently bought and sold shares of HA. Advisor Group Inc. purchased a new stake in Hawaiian Holdings during the second quarter worth approximately $129,000. Societe Generale purchased a new stake in Hawaiian Holdings during the second quarter worth approximately $149,000. SG Americas Securities LLC purchased a new stake in Hawaiian Holdings during the second quarter worth approximately $149,000. Sei Investments Co. boosted its stake in Hawaiian Holdings by 27.1% in the second quarter. Sei Investments Co. now owns 4,212 shares of the company’s stock worth $160,000 after buying an additional 899 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in Hawaiian Holdings by 133.6% in the first quarter. BlackRock Inc. now owns 3,467 shares of the company’s stock worth $164,000 after buying an additional 1,983 shares during the last quarter. Hedge funds and other institutional investors own 88.11% of the company’s stock.
Several research firms have commented on HA. Credit Suisse Group AG set a $44.00 target price on shares of Hawaiian Holdings and gave the stock a “hold” rating in a research report on Monday, September 12th. Vetr raised shares of Hawaiian Holdings from a “buy” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research report on Monday, June 27th. Zacks Investment Research cut shares of Hawaiian Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, October 13th. Deutsche Bank AG lifted their target price on shares of Hawaiian Holdings from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, October 12th. Finally, Imperial Capital initiated coverage on shares of Hawaiian Holdings in a report on Tuesday, September 6th. They issued an “outperform” rating and a $58.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. Hawaiian Holdings has a consensus rating of “Hold” and a consensus price target of $50.00.
About Hawaiian Holdings
Hawaiian Holdings, Inc is a holding company. The Company, through its subsidiary, Hawaiian Airlines, Inc (Hawaiian) is engaged in the scheduled air transportation of passengers and cargo. The Company offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as the Company’s Scheduled Operations.
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