Insider Buying: Air T CEO Buys 28,315 Shares of Stock (AIRT)
Air T (NASDAQ:AIRT) CEO Ao Partners I, Lp purchased 28,315 shares of the stock on the open market in a transaction that occurred on Tuesday, August 26th. The shares were purchased at an average price of $11.35 per share, for a total transaction of $321,375.25. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Air T (NASDAQ:AIRT) traded up 0.63% during mid-day trading on Tuesday, hitting $11.16. 6,283 shares of the company’s stock traded hands. Air T has a 52 week low of $10.09 and a 52 week high of $13.30. The stock’s 50-day moving average is $11.80 and its 200-day moving average is $12.10. The company has a market cap of $26.3 million and a price-to-earnings ratio of 19.32.
Air T, Inc operates wholly owned subsidiaries in three industry segments. The overnight air cargo segment consists of its Mountain Air Cargo, Inc (NASDAQ:AIRT) and CSA Air, Inc (CSA) subsidiaries, operates in the air express delivery services industry.
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