Wesco Aircraft Holdings, Inc. (NYSE:WAIR) major shareholder Makaira Partners Llc purchased 91,711 shares of Wesco Aircraft Holdings stock in a transaction dated Thursday, August 24th. The stock was bought at an average price of $7.98 per share, for a total transaction of $731,853.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Makaira Partners Llc also recently made the following trade(s):

  • On Wednesday, August 23rd, Makaira Partners Llc purchased 29,350 shares of Wesco Aircraft Holdings stock. The stock was bought at an average price of $7.95 per share, for a total transaction of $233,332.50.
  • On Monday, August 21st, Makaira Partners Llc purchased 123,067 shares of Wesco Aircraft Holdings stock. The stock was bought at an average price of $7.81 per share, for a total transaction of $961,153.27.

Wesco Aircraft Holdings, Inc. (WAIR) opened at 8.15 on Friday. Wesco Aircraft Holdings, Inc. has a 12-month low of $6.95 and a 12-month high of $15.78. The firm’s 50-day moving average price is $9.68 and its 200 day moving average price is $10.60. The company’s market capitalization is $811.57 million.

Wesco Aircraft Holdings (NYSE:WAIR) last issued its quarterly earnings data on Tuesday, August 8th. The aerospace company reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.12. The company had revenue of $363.90 million for the quarter, compared to the consensus estimate of $379.32 million. Wesco Aircraft Holdings had a negative net margin of 12.26% and a positive return on equity of 9.42%. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the company earned $0.29 EPS. On average, analysts expect that Wesco Aircraft Holdings, Inc. will post $0.69 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of WAIR. Teachers Advisors LLC boosted its stake in shares of Wesco Aircraft Holdings by 42.3% in the fourth quarter. Teachers Advisors LLC now owns 129,451 shares of the aerospace company’s stock worth $1,935,000 after buying an additional 38,508 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of Wesco Aircraft Holdings by 7.9% in the first quarter. Nationwide Fund Advisors now owns 50,142 shares of the aerospace company’s stock worth $572,000 after buying an additional 3,651 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Wesco Aircraft Holdings by 0.4% in the first quarter. Russell Investments Group Ltd. now owns 467,881 shares of the aerospace company’s stock worth $5,334,000 after buying an additional 1,948 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Wesco Aircraft Holdings by 120.8% in the first quarter. Wells Fargo & Company MN now owns 102,134 shares of the aerospace company’s stock worth $1,164,000 after buying an additional 55,869 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its stake in shares of Wesco Aircraft Holdings by 211.6% in the first quarter. Great West Life Assurance Co. Can now owns 26,179 shares of the aerospace company’s stock worth $298,000 after buying an additional 17,777 shares in the last quarter. Institutional investors own 88.96% of the company’s stock.

WAIR has been the topic of several recent research reports. BidaskClub upgraded Wesco Aircraft Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Citigroup Inc. lowered Wesco Aircraft Holdings from a “buy” rating to a “neutral” rating in a research report on Monday, May 1st. Zacks Investment Research lowered Wesco Aircraft Holdings from a “hold” rating to a “strong sell” rating in a research report on Saturday, July 22nd. Jefferies Group LLC restated a “hold” rating and issued a $9.00 price target on shares of Wesco Aircraft Holdings in a research report on Sunday, July 23rd. Finally, Cowen and Company restated a “hold” rating on shares of Wesco Aircraft Holdings in a research report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. Wesco Aircraft Holdings has an average rating of “Hold” and an average price target of $13.14.

About Wesco Aircraft Holdings

Wesco Aircraft Holdings, Inc is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts.

Insider Buying and Selling by Quarter for Wesco Aircraft Holdings (NYSE:WAIR)

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