Insider Selling: Hawaiian Holdings CEO Unloads 100,000 Shares of Stock (HA)
Hawaiian Holdings (NYSE:HA) CEO Mark B. Dunkerley sold 100,000 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $15.62, for a total transaction of $1,562,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,107,356 shares in the company, valued at approximately $17,296,901. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Hawaiian Holdings (NYSE:HA) traded up 1.47% on Tuesday, hitting $15.83. The stock had a trading volume of 803,679 shares. Hawaiian Holdings has a one year low of $7.02 and a one year high of $16.49. The stock’s 50-day moving average is $14.46 and its 200-day moving average is $14.08. The company has a market cap of $850.8 million and a P/E ratio of 10.87.
Hawaiian Holdings (NYSE:HA) last issued its quarterly 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. On average, analysts predict that Hawaiian Holdings will post $1.46 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. 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. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. Hawaiian Holdings currently has an average rating of “Hold” and a consensus price target of $15.83.
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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