Era Group Inc (ERA) CFO Sells $25,517.36 in Stock
Era Group Inc (NYSE:ERA) CFO Andrew Lewis Puhala sold 2,168 shares of the firm’s stock in a transaction that occurred on Friday, March 17th. The stock was sold at an average price of $11.77, for a total transaction of $25,517.36. Following the sale, the chief financial officer now directly owns 51,734 shares of the company’s stock, valued at approximately $608,909.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Era Group Inc (NYSE:ERA) traded down 3.11% during mid-day trading on Monday, hitting $11.85. 84,825 shares of the stock traded hands. The firm’s market cap is $248.06 million. The firm’s 50-day moving average price is $14.05 and its 200-day moving average price is $11.81. Era Group Inc has a 52 week low of $6.92 and a 52 week high of $17.73.
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Hedge funds have recently bought and sold shares of the stock. Anchor Capital Advisors LLC increased its stake in Era Group by 2.4% in the third quarter. Anchor Capital Advisors LLC now owns 20,236 shares of the company’s stock worth $163,000 after buying an additional 478 shares in the last quarter. Comerica Bank increased its stake in Era Group by 2.6% in the fourth quarter. Comerica Bank now owns 20,707 shares of the company’s stock worth $336,000 after buying an additional 524 shares in the last quarter. Menta Capital LLC increased its stake in Era Group by 10.1% in the fourth quarter. Menta Capital LLC now owns 67,125 shares of the company’s stock worth $1,139,000 after buying an additional 6,134 shares in the last quarter. Analytic Investors LLC increased its stake in Era Group by 31.8% in the third quarter. Analytic Investors LLC now owns 32,220 shares of the company’s stock worth $259,000 after buying an additional 7,782 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in Era Group during the fourth quarter worth about $173,000. 89.50% of the stock is owned by hedge funds and other institutional investors.
Era Group Company Profile
Era Group Inc is engaged in operating helicopters. The Company’s helicopters transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations. The Company also dry-leases helicopters to third-party helicopter operators and foreign affiliates. The primary users of the Company’s helicopter services are international, integrated and independent oil and gas exploration, development and production companies.
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