Atlas Air Worldwide Holdings, Inc. (AAWW) CEO William J. Flynn Sells 5,000 Shares

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $52.00, for a total transaction of $260,000.00. Following the transaction, the chief executive officer now owns 151,958 shares in the company, valued at approximately $7,901,816. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ AAWW) opened at $54.00 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.66 and a quick ratio of 0.66. Atlas Air Worldwide Holdings, Inc. has a fifty-two week low of $45.45 and a fifty-two week high of $68.70. The firm has a market cap of $1,352.65, a PE ratio of 51.92 and a beta of 1.31.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Atlas Air Worldwide by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,277,414 shares of the transportation company’s stock worth $118,767,000 after acquiring an additional 81,672 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Atlas Air Worldwide by 2.9% in the 4th quarter. Alliancebernstein L.P. now owns 1,240,917 shares of the transportation company’s stock worth $72,780,000 after acquiring an additional 35,359 shares during the last quarter. LSV Asset Management raised its holdings in shares of Atlas Air Worldwide by 3.2% in the 4th quarter. LSV Asset Management now owns 913,083 shares of the transportation company’s stock worth $53,552,000 after acquiring an additional 28,100 shares during the last quarter. Towle & Co. raised its holdings in shares of Atlas Air Worldwide by 5.6% in the 4th quarter. Towle & Co. now owns 722,890 shares of the transportation company’s stock worth $42,397,000 after acquiring an additional 38,557 shares during the last quarter. Finally, State Street Corp raised its holdings in shares of Atlas Air Worldwide by 2.4% in the 2nd quarter. State Street Corp now owns 631,594 shares of the transportation company’s stock worth $32,939,000 after acquiring an additional 14,920 shares during the last quarter.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Monday, January 15th. Stifel Nicolaus reiterated a “buy” rating and set a $81.00 price objective on shares of Atlas Air Worldwide in a report on Thursday, January 18th. BidaskClub upgraded shares of Atlas Air Worldwide from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. ValuEngine upgraded shares of Atlas Air Worldwide from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Finally, Cowen upgraded shares of Atlas Air Worldwide from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $62.00 to $72.00 in a report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, six have given a buy rating and one has given a strong buy rating to the stock. Atlas Air Worldwide currently has an average rating of “Buy” and an average target price of $70.00.

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About Atlas Air Worldwide

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 (NASDAQ:AAWW)

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