Atlas Air Worldwide Holdings (NASDAQ:AAWW) Director Duncan J. Mcnabb sold 1,000 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $60.65, for a total value of $60,650.00. Following the completion of the sale, the director now directly owns 12,969 shares of the company’s stock, valued at approximately $786,569.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Atlas Air Worldwide Holdings (NASDAQ AAWW) traded up 2.39% during midday trading on Monday, hitting $62.10. The company had a trading volume of 202,506 shares. The stock has a market cap of $1.57 billion, a PE ratio of 26.54 and a beta of 1.45. Atlas Air Worldwide Holdings has a 52-week low of $34.22 and a 52-week high of $67.75. The stock’s 50-day moving average price is $58.34 and its 200-day moving average price is $54.54.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The firm had revenue of $517.37 million for the quarter, compared to analyst estimates of $500.44 million. During the same quarter in the prior year, the company earned $0.80 EPS. Atlas Air Worldwide Holdings’s revenue was up 16.7% on a year-over-year basis. On average, equities research analysts expect that Atlas Air Worldwide Holdings will post $4.84 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of AAWW. BlackRock Inc. raised its stake in Atlas Air Worldwide Holdings by 51,032.3% in the first quarter. BlackRock Inc. now owns 3,013,229 shares of the transportation company’s stock worth $167,084,000 after buying an additional 3,007,336 shares during the last quarter. 1060 Capital LLC bought a new stake in Atlas Air Worldwide Holdings during the second quarter worth about $31,481,000. Alliancebernstein L.P. raised its stake in Atlas Air Worldwide Holdings by 33.2% in the first quarter. Alliancebernstein L.P. now owns 1,382,286 shares of the transportation company’s stock worth $76,648,000 after buying an additional 344,745 shares during the last quarter. FMR LLC raised its stake in Atlas Air Worldwide Holdings by 22.7% in the second quarter. FMR LLC now owns 1,378,443 shares of the transportation company’s stock worth $71,886,000 after buying an additional 254,743 shares during the last quarter. Finally, Heartland Advisors Inc. bought a new stake in Atlas Air Worldwide Holdings during the second quarter worth about $10,430,000. 96.41% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms recently commented on AAWW. Cowen and Company reaffirmed an “outperform” rating and issued a $70.00 price target (up previously from $60.00) on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 3rd. Zacks Investment Research raised Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a report on Monday, August 7th. BidaskClub cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Stifel Nicolaus reaffirmed a “buy” rating on shares of Atlas Air Worldwide Holdings in a report on Friday, June 2nd. Finally, Imperial Capital reaffirmed an “outperform” rating on shares of Atlas Air Worldwide Holdings in a report on Friday, May 19th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $68.40.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

Insider Buying and Selling by Quarter for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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