Insider Selling: Mark B. Dunkerley Sells 50,000 Shares of Hawaiian Holdings Stock (HA)
Hawaiian Holdings (NYSE:HA) CEO Mark B. Dunkerley sold 50,000 shares of the company’s stock on the open market in a transaction dated Friday, August 1st. The shares were sold at an average price of $13.72, for a total transaction of $686,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,107,356 shares in the company, valued at approximately $15,192,924. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Hawaiian Holdings (NYSE:HA) traded down 0.52% during mid-day trading on Tuesday, hitting $13.52. 909,273 shares of the company’s stock traded hands. Hawaiian Holdings has a 52 week low of $6.90 and a 52 week high of $16.49. The stock’s 50-day moving average is $13.73 and its 200-day moving average is $13.38. The company has a market cap of $726.7 million and a price-to-earnings ratio of 9.47.
Hawaiian Holdings (NYSE:HA) last released its earnings data on Tuesday, July 22nd. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.02. The company had revenue of $575.72 million for the quarter, compared to the consensus estimate of $571.14 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Analysts expect that Hawaiian Holdings will post $1.46 EPS for the current fiscal year.
A number of analysts have recently weighed in on HA shares. Analysts at Wolfe Research upgraded shares of Hawaiian Holdings from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 23rd. Separately, analysts at Imperial Capital cut their price target on shares of Hawaiian Holdings from $16.00 to $13.00 in a research note on Wednesday, July 23rd. They now have an “in-line” rating on the stock. Finally, analysts at CRT Capital raised their price target on shares of Hawaiian Holdings from $20.00 to $21.00 in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock. Eight investment 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 $16.09.
Hawaiian Holdings, Inc (NYSE:HA), is a holding company whose primary asset is the sole ownership of all issued and outstanding shares of common stock of Hawaiian Airlines, Inc (Hawaiian).
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