Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $65.59, for a total transaction of $327,950.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Atlas Air Worldwide Holdings (NASDAQ AAWW) traded up 1.15% during trading on Wednesday, hitting $65.85. 53,153 shares of the company traded hands. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 28.14 and a beta of 1.40. Atlas Air Worldwide Holdings has a one year low of $40.25 and a one year high of $68.70. The firm has a 50 day moving average price of $66.04 and a 200-day moving average price of $57.93.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 EPS for the quarter, topping the consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. The company had revenue of $517.37 million during the quarter, compared to analysts’ expectations of $500.44 million. During the same period last year, the company posted $0.80 earnings per share. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. Analysts predict that Atlas Air Worldwide Holdings will post $4.83 EPS for the current year.

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Several institutional investors and hedge funds have recently made changes to their positions in AAWW. State Board of Administration of Florida Retirement System boosted its holdings in shares of Atlas Air Worldwide Holdings by 13.5% in the first quarter. State Board of Administration of Florida Retirement System now owns 13,044 shares of the transportation company’s stock worth $723,000 after buying an additional 1,554 shares during the period. Karp Capital Management Corp acquired a new position in shares of Atlas Air Worldwide Holdings in the first quarter worth about $832,000. Ameritas Investment Partners Inc. acquired a new position in shares of Atlas Air Worldwide Holdings in the first quarter worth about $107,000. Mason Street Advisors LLC boosted its holdings in shares of Atlas Air Worldwide Holdings by 7.5% in the first quarter. Mason Street Advisors LLC now owns 5,876 shares of the transportation company’s stock worth $326,000 after buying an additional 411 shares during the period. Finally, Arizona State Retirement System boosted its holdings in shares of Atlas Air Worldwide Holdings by 1.5% in the first quarter. Arizona State Retirement System now owns 13,123 shares of the transportation company’s stock worth $728,000 after buying an additional 200 shares during the period. Institutional investors own 96.41% of the company’s stock.

AAWW has been the topic of several recent research reports. Zacks Investment Research raised shares of Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 17th. ValuEngine raised shares of Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $69.00 price target on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 12th. Cowen and Company reaffirmed a “hold” rating and issued a $70.00 price target on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 5th. Finally, BidaskClub raised shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $70.00.

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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