Tudor Investment Corp ET AL Acquires 118,809 Shares of AerSale Corporation $ASLE

Tudor Investment Corp ET AL boosted its holdings in shares of AerSale Corporation (NASDAQ:ASLE) by 72.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 282,754 shares of the company’s stock after acquiring an additional 118,809 shares during the quarter. Tudor Investment Corp ET AL’s holdings in AerSale were worth $2,316,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Amundi acquired a new stake in shares of AerSale in the first quarter valued at approximately $161,000. Jane Street Group LLC increased its holdings in shares of AerSale by 1,250.8% during the 1st quarter. Jane Street Group LLC now owns 174,543 shares of the company’s stock worth $1,307,000 after acquiring an additional 161,622 shares during the last quarter. American Century Companies Inc. raised its stake in AerSale by 165.1% in the 2nd quarter. American Century Companies Inc. now owns 234,335 shares of the company’s stock valued at $1,408,000 after acquiring an additional 145,931 shares during the period. XTX Topco Ltd raised its stake in AerSale by 13.2% in the 2nd quarter. XTX Topco Ltd now owns 57,808 shares of the company’s stock valued at $347,000 after acquiring an additional 6,745 shares during the period. Finally, Boston Partners lifted its holdings in AerSale by 178.5% during the 2nd quarter. Boston Partners now owns 132,675 shares of the company’s stock valued at $797,000 after purchasing an additional 85,042 shares during the last quarter. Institutional investors own 69.48% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of AerSale from a “sell (d)” rating to a “hold (c-)” rating in a research report on Wednesday, March 11th. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $7.00.

AerSale Stock Down 0.8%

AerSale stock opened at $6.15 on Friday. The stock has a market cap of $290.53 million, a P/E ratio of 32.37 and a beta of 0.19. The company has a quick ratio of 0.88, a current ratio of 3.71 and a debt-to-equity ratio of 0.01. AerSale Corporation has a twelve month low of $5.56 and a twelve month high of $9.12. The company’s 50-day moving average price is $7.09 and its two-hundred day moving average price is $7.23.

AerSale (NASDAQ:ASLE) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.01. AerSale had a net margin of 2.56% and a return on equity of 2.69%. The firm had revenue of $90.94 million during the quarter, compared to the consensus estimate of $84.07 million. As a group, analysts expect that AerSale Corporation will post 0.09 EPS for the current year.

AerSale Profile

AerSale Inc is an integrated aftermarket solutions provider serving the global commercial, defense and business aviation markets. The company specializes in aircraft and engine maintenance, repair and overhaul (MRO), asset leasing and aviation parts distribution. Its key offerings include airframe heavy maintenance, engine tear‐down and component overhaul, used serviceable material programs and end‐of‐life aircraft disassembly. Through these services, AerSale supports operators seeking to optimize fleet availability, extend asset life cycles and reduce maintenance costs.

Founded in 2009 and headquartered in Coral Gables, Florida, AerSale has grown through strategic acquisitions and organic expansion.