Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the stock in a transaction on Monday, November 28th. The stock was sold at an average price of $50.80, for a total value of $254,000.00. Following the completion of the sale, the chief executive officer now owns 286,958 shares of the company’s stock, valued at approximately $14,577,466.40. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded down 0.50% on Tuesday, hitting $49.95. 228,984 shares of the company were exchanged. The stock’s market capitalization is $1.25 billion. The firm’s 50-day moving average is $45.08 and its 200-day moving average is $41.77. Atlas Air Worldwide Holdings has a 52-week low of $31.99 and a 52-week high of $57.77.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its earnings results on Thursday, November 3rd. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $448.02 million for the quarter, compared to analyst estimates of $474.76 million. Atlas Air Worldwide Holdings had a negative net margin of 1.37% and a positive return on equity of 6.45%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.23 earnings per share. Equities research analysts predict that Atlas Air Worldwide Holdings will post $4.44 earnings per share for the current year.

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

TRADEMARK VIOLATION WARNING: This piece was reported by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of US & international trademark and copyright legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2016/11/29/atlas-air-worldwide-holdings-aaww-ceo-sells-254000-00-in-stock.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Strs Ohio increased its position in Atlas Air Worldwide Holdings by 16.4% in the second quarter. Strs Ohio now owns 8,500 shares of the company’s stock worth $352,000 after buying an additional 1,200 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in Atlas Air Worldwide Holdings by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock worth $456,000 after buying an additional 100 shares during the last quarter. Bank of Montreal Can purchased a new position in Atlas Air Worldwide Holdings during the second quarter worth $2,619,000. Nordea Investment Management AB boosted its position in Atlas Air Worldwide Holdings by 28.9% in the second quarter. Nordea Investment Management AB now owns 60,328 shares of the company’s stock worth $2,499,000 after buying an additional 13,528 shares during the last quarter. Finally, Eagle Asset Management Inc. purchased a new position in Atlas Air Worldwide Holdings during the second quarter worth $1,716,000. Institutional investors own 98.03% of the company’s stock.

A number of brokerages have issued reports on AAWW. Cowen and Company increased their price target on Atlas Air Worldwide Holdings from $42.00 to $45.00 and gave the stock a “market perform” rating in a research note on Friday, November 4th. Royal Bank Of Canada cut their price target on Atlas Air Worldwide Holdings from $49.00 to $44.00 and set a “sector perform” rating for the company in a research note on Thursday, August 4th. Zacks Investment Research lowered Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a research note on Friday, November 18th. RBC Capital Markets reiterated a “sector perform” rating and issued a $44.00 price target (down previously from $49.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 4th. Finally, Imperial Capital began coverage on Atlas Air Worldwide Holdings in a research note on Thursday, November 17th. They issued an “outperform” rating and a $60.00 price target for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $49.83.

Atlas Air Worldwide Holdings Company Profile

Atlas Air Worldwide Holdings, Inc, (AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas). The Company is a provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters.

5 Day Chart for NASDAQ:AAWW

Receive News & Stock Ratings for Atlas Air Worldwide Holdings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Air Worldwide Holdings and related stocks with our FREE daily email newsletter.