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Wesco Aircraft Holdings (NASDAQ:WAIR) CEO Randy J. Snyder sold 54,685 shares of the stock on the open market in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $21.99, for a total value of $1,202,523.15. Following the transaction, the chief executive officer now directly owns 45,000 shares of the company’s stock, valued at approximately $989,550. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Wesco Aircraft Holdings (NASDAQ:WAIR) traded down 0.41% during mid-day trading on Friday, hitting $21.99. The stock had a trading volume of 293,359 shares. Wesco Aircraft Holdings has a one year low of $12.04 and a one year high of $22.59. The stock has a 50-day moving average of $21.52 and a 200-day moving average of $20.09. The company has a market cap of $2.096 billion and a P/E ratio of 20.26.

Wesco Aircraft Holdings (NASDAQ:WAIR) last posted its quarterly earnings results on Thursday, November 21st. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.01. The company had revenue of $234.30 million for the quarter, compared to the consensus estimate of $234.01 million. During the same quarter last year, the company posted $0.29 earnings per share. Wesco Aircraft Holdings’s revenue was up 10.4% compared to the same quarter last year. On average, analysts predict that Wesco Aircraft Holdings will post $1.34 earnings per share for the current fiscal year.

WAIR has been the subject of a number of recent research reports. Analysts at Merrill Lynch upgraded shares of Wesco Aircraft Holdings to a “buy” rating in a research note to investors on Tuesday, January 7th. Separately, analysts at Bank of America Corp. upgraded shares of Wesco Aircraft Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, January 7th. They now have a $26.00 price target on the stock, up previously from $22.00. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Wesco Aircraft Holdings in a research note to investors on Friday, November 22nd. They now have a $20.00 price target on the stock, down previously from $21.00. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. Wesco Aircraft Holdings presently has a consensus rating of “Hold” and a consensus target price of $19.97.

Wesco Aircraft Holdings, Inc, formerly Wesco Holdings, Inc, a holding company for Wesco Aircraft Hardware Corp.

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