Air Industries Group Inc (NYSEAMERICAN:AIRI) insider David S. Richmond acquired 20,880 shares of Air Industries Group stock in a transaction that occurred on Tuesday, March 24th. The stock was acquired at an average price of $0.99 per share, with a total value of $20,671.20.

Air Industries Group stock traded up $0.01 during mid-day trading on Thursday, reaching $1.05. The company’s stock had a trading volume of 2,874 shares, compared to its average volume of 273,894. Air Industries Group Inc has a 12-month low of $0.60 and a 12-month high of $3.36. The stock has a fifty day moving average of $1.20.

Institutional investors have recently added to or reduced their stakes in the stock. EAM Investors LLC bought a new position in Air Industries Group in the 4th quarter valued at $241,000. Essex Investment Management Co. LLC lifted its holdings in shares of Air Industries Group by 92.5% during the 4th quarter. Essex Investment Management Co. LLC now owns 290,901 shares of the aerospace company’s stock worth $669,000 after acquiring an additional 139,773 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Air Industries Group during the 4th quarter worth $47,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Air Industries Group during the 4th quarter worth $766,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Air Industries Group during the 4th quarter worth $150,000.

Separately, Zacks Investment Research lowered shares of Air Industries Group from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th.

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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