Era Group Chairman Sells $404,100 in Stock (ERA)
Era Group (NYSE:ERA) Chairman Charles Fabrikant sold 15,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $26.94, for a total transaction of $404,100.00. Following the transaction, the chairman now directly owns 442,514 shares of the company’s stock, valued at approximately $11,921,327. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Era Group (NYSE:ERA) traded down 0.07% during mid-day trading on Wednesday, hitting $27.70. 126,310 shares of the company’s stock traded hands. Era Group has a one year low of $12.00 and a one year high of $28.03. The stock’s 50-day moving average is $25.93 and its 200-day moving average is $24.66. The company has a market cap of $559.0 million and a price-to-earnings ratio of 40.53.
Era Group (NYSE:ERA) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.25 EPS for the quarter.
Era Group Inc is engaged in helicopter operations worldwide. The Company’s helicopters are primarily used to transport personnel to, from and between offshore installations, drilling rigs and platforms.
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