Insider Buying: Ao Partners I, Lp Buys 5,449 Shares of Air T Stock (AIRT)
Air T (NASDAQ:AIRT) Director Ao Partners I, Lp bought 5,449 shares of Air T stock on the open market in a transaction that occurred on Tuesday, October 8th. The shares were purchased at an average price of $10.97 per share, with a total value of $59,775.53. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Air T (NASDAQ:AIRT) traded up 0.64% on Tuesday, hitting $11.00. 3,792 shares of the company’s stock traded hands. Air T has a one year low of $8.08 and a one year high of $11.80. The stock’s 50-day moving average is $10.84 and its 200-day moving average is $10.17. The company has a market cap of $26.9 million and a P/E ratio of 19.21.
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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