Air Transport Services Group CEO Unloads $21,400 in Stock (ATSG)
Air Transport Services Group (NASDAQ:ATSG) CEO Joseph C. Hete sold 2,500 shares of the company’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $8.56, for a total value of $21,400.00. Following the completion of the sale, the chief executive officer now directly owns 751,967 shares in the company, valued at approximately $6,436,838. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Air Transport Services Group (NASDAQ:ATSG) traded up 0.23% on Monday, hitting $8.60. 89,016 shares of the company’s stock traded hands. Air Transport Services Group has a 1-year low of $5.81 and a 1-year high of $9.57. The stock has a 50-day moving average of $8.18 and a 200-day moving average of $7.80. The company’s market cap is $558.5 million.
Air Transport Services Group (NASDAQ:ATSG) last released its earnings data on Tuesday, August 5th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.03. The company had revenue of $149.62 million for the quarter, compared to the consensus estimate of $145.75 million. Air Transport Services Group’s revenue was up 7.7% compared to the same quarter last year. On average, analysts predict that Air Transport Services Group will post $0.55 EPS for the current fiscal year.
Air Transport Services Group, Inc (NASDAQ:ATSG) provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries.
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