Insider Selling: Air Industries Group Inc (NYSEAMERICAN:AIRI) Director Sells 46,667 Shares of Stock
Air Industries Group Inc (NYSEAMERICAN:AIRI) Director Peter Rettaliata sold 46,667 shares of the stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $1.00, for a total transaction of $46,667.00. The sale was disclosed in a filing with the SEC, which is available through this link.
Shares of NYSEAMERICAN AIRI traded down $0.01 during mid-day trading on Wednesday, hitting $1.01. The company’s stock had a trading volume of 34,348 shares, compared to its average volume of 25,389. Air Industries Group Inc has a one year low of $0.70 and a one year high of $1.55.
Air Industries Group (NYSEAMERICAN:AIRI) last issued its earnings results on Thursday, August 8th. The aerospace company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $13.37 million during the quarter, compared to the consensus estimate of $13.50 million.
Separately, Zacks Investment Research raised shares of Air Industries Group from a “sell” rating to a “hold” rating in a report on Tuesday, July 30th.
About Air Industries Group
Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.
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