Insider Buying: Ao Partners I, Lp Buys 6,329 Shares of Air T Stock (AIRT)
Air T (NASDAQ:AIRT) CEO Ao Partners I, Lp acquired 6,329 shares of the company’s stock on the open market in a transaction dated Thursday, August 28th. The stock was purchased at an average cost of $11.41 per share, with a total value of $72,213.89. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Air T (NASDAQ:AIRT) traded up 0.70% during mid-day trading on Thursday, hitting $11.55. The stock had a trading volume of 9,291 shares. 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 $11.75 and its 200-day moving average is $12.10. The company has a market cap of $27.2 million and a P/E ratio of 19.98.
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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