Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the stock in a transaction on Monday, October 30th. The stock was sold at an average price of $61.21, for a total value of $306,050.00. Following the transaction, the chief executive officer now owns 171,958 shares in the company, valued at approximately $10,525,549.18. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.24. The business had revenue of $517.37 million for the quarter, compared to analyst estimates of $500.44 million. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.80 EPS.

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AAWW has been the topic of a number of recent analyst reports. Susquehanna Bancshares Inc initiated coverage on Atlas Air Worldwide Holdings in a research report on Thursday, August 17th. They issued a “positive” rating and a $72.00 price target on the stock. BidaskClub cut Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Cowen and Company restated an “outperform” rating and issued a $70.00 price target (up previously from $60.00) on shares of Atlas Air Worldwide Holdings in a research report on Thursday, August 3rd. ValuEngine upgraded Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research cut Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Atlas Air Worldwide Holdings has a consensus rating of “Buy” and a consensus price target of $70.00.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Municipal Employees Retirement System of Michigan increased its stake in Atlas Air Worldwide Holdings by 1.2% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock worth $317,000 after acquiring an additional 70 shares during the last quarter. Capstone Asset Management Co. increased its stake in Atlas Air Worldwide Holdings by 0.9% in the 2nd quarter. Capstone Asset Management Co. now owns 8,990 shares of the transportation company’s stock worth $469,000 after acquiring an additional 80 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in Atlas Air Worldwide Holdings by 1.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the transportation company’s stock worth $537,000 after acquiring an additional 100 shares during the last quarter. Arizona State Retirement System increased its stake in Atlas Air Worldwide Holdings by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 13,223 shares of the transportation company’s stock worth $690,000 after acquiring an additional 100 shares during the last quarter. Finally, US Bancorp DE increased its stake in Atlas Air Worldwide Holdings by 3.7% in the 2nd quarter. US Bancorp DE now owns 5,548 shares of the transportation company’s stock worth $289,000 after acquiring an additional 197 shares during the last quarter. Institutional investors and hedge funds own 96.44% of the company’s stock.

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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