William J. Flynn Sells 5,000 Shares of Atlas Air Worldwide Holdings (AAWW) Stock

Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $64.50, for a total value of $322,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 62.25 on Friday. The firm has a market cap of $1.57 billion, a PE ratio of 26.60 and a beta of 1.40. The company’s 50-day moving average price is $65.72 and its 200 day moving average price is $58.70. Atlas Air Worldwide Holdings has a 1-year low of $40.25 and a 1-year high of $68.70.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The company had revenue of $517.37 million for the quarter, compared to the consensus estimate of $500.44 million. During the same quarter in the previous year, the business earned $0.80 EPS. Atlas Air Worldwide Holdings’s revenue was up 16.7% compared to the same quarter last year. On average, analysts predict that Atlas Air Worldwide Holdings will post $4.83 EPS for the current year.

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A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. increased its holdings in Atlas Air Worldwide Holdings by 51,032.3% during the 1st quarter. BlackRock Inc. now owns 3,013,229 shares of the transportation company’s stock valued at $167,084,000 after purchasing an additional 3,007,336 shares during the period. Vanguard Group Inc. increased its holdings in Atlas Air Worldwide Holdings by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 2,277,414 shares of the transportation company’s stock valued at $118,767,000 after purchasing an additional 81,672 shares during the period. Dimensional Fund Advisors LP increased its holdings in Atlas Air Worldwide Holdings by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,130,850 shares of the transportation company’s stock valued at $111,122,000 after purchasing an additional 11,726 shares during the period. FMR LLC increased its holdings in Atlas Air Worldwide Holdings by 22.7% during the 2nd quarter. FMR LLC now owns 1,378,443 shares of the transportation company’s stock valued at $71,886,000 after purchasing an additional 254,743 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its holdings in Atlas Air Worldwide Holdings by 20.0% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 900,000 shares of the transportation company’s stock valued at $46,935,000 after purchasing an additional 150,000 shares during the period. Institutional investors own 96.41% of the company’s stock.

Several brokerages have recently weighed in on AAWW. Cowen and Company reissued a “hold” rating on shares of Atlas Air Worldwide Holdings in a research note on Thursday, October 12th. Zacks Investment Research cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Stifel Nicolaus reissued a “hold” rating and issued a $69.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 12th. ValuEngine raised Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Finally, Susquehanna Bancshares Inc began coverage on Atlas Air Worldwide Holdings in a research note on Thursday, August 17th. They issued a “positive” rating and a $72.00 price target for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Atlas Air Worldwide Holdings presently has a consensus rating of “Buy” and an average price target of $70.00.

Atlas Air Worldwide Holdings Company Profile

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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

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