Wesco Aircraft Holdings CEO Randy Snyder Sells 9,700 Shares (WAIR)
Wesco Aircraft Holdings (NASDAQ:WAIR) CEO Randy Snyder sold 9,700 shares of the stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $20.13, for a total transaction of $195,261.00. Following the completion of the transaction, the chief executive officer now directly owns 45,000 shares of the company’s stock, valued at approximately $905,850. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Robert W. Baird raised their price target on shares of Wesco Aircraft Holdings from $21.00 to $22.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at Zacks downgraded shares of Wesco Aircraft Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, August 9th. They now have a $21.70 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Wesco Aircraft Holdings from $16.00 to $20.00 in a research note to investors on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. Wesco Aircraft Holdings has a consensus rating of “Hold” and a consensus price target of $18.70.
Shares of Wesco Aircraft Holdings (NASDAQ:WAIR) traded down 0.69% on Monday, hitting $20.01. 323,474 shares of the company’s stock traded hands. Wesco Aircraft Holdings has a 1-year low of $12.04 and a 1-year high of $21.17. The stock has a 50-day moving average of $20.0 and a 200-day moving average of $17.97. The company has a market cap of $1.884 billion and a P/E ratio of 19.01.
Wesco Aircraft Holdings (NASDAQ:WAIR) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.31 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.31. The company had revenue of $230.20 million for the quarter, compared to the consensus estimate of $225.98 million. During the same quarter last year, the company posted $0.24 earnings per share. Wesco Aircraft Holdings’s revenue was up 21.6% compared to the same quarter last year.
Wesco Aircraft Holdings, Inc, formerly Wesco Holdings, Inc, a holding company for Wesco Aircraft Hardware Corp.
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