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Republic Airways Holdings (NASDAQ:RJET) shares fell 3.3% during trading on Wednesday after an insider sold shares in the company, American Banking and Market News reports. The company traded as low as $10.60 and last traded at $10.65, with a volume of 704,888 shares. The stock had previously closed at $11.01.

Specifically, CFO Timothy P. Dooley unloaded 16,084 shares of Republic Airways Holdings stock on the open market in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $11.06, for a total value of $177,889.04. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of research firms have recently commented on RJET. Analysts at Cowen and Company cut their price target on shares of Republic Airways Holdings from $10.00 to $9.00 in a research note on Thursday, May 1st. They now have a “market perform” rating on the stock. Separately, analysts at Bank of America upgraded shares of Republic Airways Holdings from an “underperform” rating to a “neutral” rating in a research note on Thursday, April 24th. They now have a $10.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Republic Airways Holdings from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $8.10 price target on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $11.02.

The stock has a 50-day moving average of $9. and a 200-day moving average of $9.70. The company has a market cap of $530.2 million and a P/E ratio of 14.17.

Republic Airways Holdings (NASDAQ:RJET) last announced its earnings results on Wednesday, April 30th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.09. On average, analysts predict that Republic Airways Holdings will post $1.31 earnings per share for the current fiscal year.

Republic Airways Holdings Inc is a holding company. The Company offers scheduled passenger services through its wholly-owned operating air carrier subsidiaries: Chautauqua Airlines, Inc (NASDAQ:RJET), Shuttle America Corporation (Shuttle), Republic Airline Inc (Republic Airline) and Frontier Airlines, Inc (Frontier).

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