Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $66.19, for a total value of $330,950.00. Following the transaction, the chief executive officer now owns 191,958 shares in the company, valued at approximately $12,705,700.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) traded up 1.49% during midday trading on Tuesday, hitting $68.25. 198,320 shares of the stock were exchanged. Atlas Air Worldwide Holdings, Inc. has a 1-year low of $40.25 and a 1-year high of $68.70. The firm’s 50-day moving average price is $65.43 and its 200 day moving average price is $57.42. The firm has a market capitalization of $1.72 billion, a P/E ratio of 29.17 and a beta of 1.40.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.24. The company had revenue of $517.37 million during the quarter, compared to the consensus estimate of $500.44 million. Atlas Air Worldwide Holdings had a return on equity of 10.09% and a net margin of 7.55%. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.80 EPS. Analysts expect that Atlas Air Worldwide Holdings, Inc. will post $4.83 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AAWW. Municipal Employees Retirement System of Michigan boosted its position in Atlas Air Worldwide Holdings by 1.2% during the first quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock worth $317,000 after purchasing an additional 70 shares during the period. Capstone Asset Management Co. raised its position in shares of Atlas Air Worldwide Holdings by 0.9% in the second quarter. Capstone Asset Management Co. now owns 8,990 shares of the transportation company’s stock valued at $469,000 after purchasing an additional 80 shares during the period. Louisiana State Employees Retirement System raised its position in shares of Atlas Air Worldwide Holdings by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the transportation company’s stock valued at $537,000 after purchasing an additional 100 shares during the period. Arizona State Retirement System raised its position in shares of Atlas Air Worldwide Holdings by 0.8% in the second quarter. Arizona State Retirement System now owns 13,223 shares of the transportation company’s stock valued at $690,000 after purchasing an additional 100 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in shares of Atlas Air Worldwide Holdings by 1.0% in the first quarter. Oppenheimer & Co. Inc. now owns 14,890 shares of the transportation company’s stock valued at $826,000 after purchasing an additional 150 shares during the period. 96.41% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently issued reports on AAWW. BidaskClub downgraded Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Zacks Investment Research raised Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a report on Monday, August 7th. Susquehanna Bancshares Inc assumed coverage on Atlas Air Worldwide Holdings in a research report on Thursday, August 17th. They set a “positive” rating and a $72.00 price objective on the stock. Stifel Nicolaus reiterated a “hold” rating and set a $69.00 price objective on shares of Atlas Air Worldwide Holdings in a research report on Tuesday, September 12th. Finally, ValuEngine upgraded Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $70.00.

Atlas Air Worldwide Holdings Company Profile

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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