Air Transport Services Group CEO Joseph C. Hete Unloads 2,500 Shares (ATSG)
Air Transport Services Group (NASDAQ:ATSG) CEO Joseph C. Hete sold 2,500 shares of Air Transport Services Group stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $8.56, for a total value of $21,400.00. Following the transaction, the chief executive officer now directly owns 751,967 shares of the company’s stock, valued at approximately $6,436,838. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Air Transport Services Group (NASDAQ:ATSG) opened at 8.60 on Tuesday. Air Transport Services Group has a 52-week low of $5.81 and a 52-week high of $9.57. The stock’s 50-day moving average is $8.18 and its 200-day moving average is $7.82. The company’s market cap is $558.5 million.
Air Transport Services Group (NASDAQ:ATSG) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters 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. The company’s quarterly revenue was up 7.7% on a year-over-year basis. On average, analysts predict that Air Transport Services Group will post $0.55 earnings per share 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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