Insider Buying: Ao Partners I, Lp Buys 8,739 Shares of Air T Stock (AIRT)
Air T (NASDAQ:AIRT) Director Ao Partners I, Lp acquired 8,739 shares of Air T stock on the open market in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average price of $10.82 per share, with a total value of $94,555.98. The purchase was disclosed in a filing with the SEC, which is available at this link.
Air T (NASDAQ:AIRT) traded up 1.39% during mid-day trading on Thursday, hitting $10.92. 9,272 shares of the company’s stock traded hands. Air T has a 52-week low of $8.08 and a 52-week high of $10.99. The stock’s 50-day moving average is $10.51 and its 200-day moving average is $9.9. The company has a market cap of $26.7 million and a price-to-earnings ratio of 18.93.
Air T, Inc operates wholly owned subsidiaries in three industry segments. The overnight air cargo segment consists of its Mountain Air Cargo, Inc (NASDAQ:AIRT) and CSA Air, Inc (CSA) subsidiaries, operates in the air express delivery services industry.
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