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Wesco Aircraft Holdings (NASDAQ:WAIR) CEO Randy J. Snyder sold 24,900 shares of Wesco Aircraft Holdings stock on the open market in a transaction dated Thursday, January 30th. The stock was sold at an average price of $21.45, for a total transaction of $534,105.00. Following the transaction, the chief executive officer now directly owns 45,000 shares of the company’s stock, valued at approximately $965,250. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on WAIR. 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 equities 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 stock. Wesco Aircraft Holdings presently has an average rating of “Hold” and a consensus price target of $19.97.

Wesco Aircraft Holdings (NASDAQ:WAIR) traded up 4.44% on Friday, hitting $22.35. The stock had a trading volume of 1,927,033 shares. Wesco Aircraft Holdings has a 1-year low of $13.39 and a 1-year high of $22.59. The stock’s 50-day moving average is $21.65 and its 200-day moving average is $20.16. The company has a market cap of $2.130 billion and a P/E ratio of 19.63.

Wesco Aircraft Holdings (NASDAQ:WAIR) last released its earnings data on Thursday, November 21st. The company reported $0.33 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Analysts expect that Wesco Aircraft Holdings will post $1.34 EPS for the current fiscal year.

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

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