Insider Selling: Keith A. Helming Unloads 75,000 Shares of AerCap Holdings Stock (AER)
AerCap Holdings (NYSE:AER) CFO Keith A. Helming unloaded 75,000 shares of AerCap Holdings stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $45.84, for a total value of $3,438,000.00. Following the completion of the transaction, the chief financial officer now directly owns 343,974 shares in the company, valued at approximately $15,767,768. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
AerCap Holdings (NYSE:AER) traded down 0.60% during mid-day trading on Monday, hitting $44.91. The stock had a trading volume of 320,126 shares. AerCap Holdings has a 52-week low of $16.16 and a 52-week high of $48.81. The stock’s 50-day moving average is $45.62 and its 200-day moving average is $38.96. The company has a market cap of $5.110 billion and a P/E ratio of 18.68.
AerCap Holdings (NYSE:AER) last released its earnings data on Tuesday, May 6th. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.05. The company had revenue of $249.00 million for the quarter, compared to the consensus estimate of $268.10 million. During the same quarter in the prior year, the company posted $0.60 earnings per share. The company’s quarterly revenue was up 9.8% on a year-over-year basis. Analysts expect that AerCap Holdings will post $3.12 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at FBR Capital Markets raised their price target on shares of AerCap Holdings from $48.00 to $52.00 in a research note on Wednesday, May 7th. They now have an “outperform” rating on the stock. Analysts at Cowen and Company raised their price target on shares of AerCap Holdings from $43.00 to $55.00 in a research note on Wednesday, May 7th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. AerCap Holdings presently has an average rating of “Hold” and an average price target of $38.79.
AerCap Holdings N.V. is an integrated global aviation company. The Company is engaged in the business of acquiring aviation assets at attractive prices, lease the assets to suitable lessees, and manage the funding and other lease related costs efficiently.
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