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Wesco Aircraft Holdings (NASDAQ:WAIR) CEO Randy J. Snyder sold 59,500 shares of Wesco Aircraft Holdings stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $21.95, for a total transaction of $1,306,025.00. Following the completion of the sale, the chief executive officer now directly owns 45,000 shares in the company, valued at approximately $987,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Wesco Aircraft Holdings (NASDAQ:WAIR) traded down 1.23% on Wednesday, hitting $21.74. The stock had a trading volume of 358,685 shares. Wesco Aircraft Holdings has a 52 week low of $13.39 and a 52 week high of $22.78. The stock’s 50-day moving average is $21.80 and its 200-day moving average is $20.2. The company has a market cap of $2.072 billion and a price-to-earnings ratio of 20.19.

Wesco Aircraft Holdings (NASDAQ:WAIR) last released its earnings data on Wednesday, February 5th. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.32 by $0.05. The company had revenue of $224.70 million for the quarter, compared to the consensus estimate of $232.85 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Analysts expect that Wesco Aircraft Holdings will post $1.33 EPS for the current fiscal year.

A number of research firms have recently commented on WAIR. Analysts at UBS AG upgraded shares of Wesco Aircraft Holdings from a “sell” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a $23.00 price target on the stock, up previously from $17.00. Separately, analysts at Robert W. Baird raised their price target on shares of Wesco Aircraft Holdings from $22.00 to $23.00 in a research note to investors on Monday. Finally, analysts at Bank of America Corp. upgraded shares of Wesco Aircraft Holdings to a “buy” rating in a research note to investors on Tuesday, January 7th. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $20.52.

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

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